NDC Committee & Staff

Debbie Bowman, DHHS-ADSD, Vice Chair
Kent Ervin, Ph.D., NSHE
Matt Kruse, EFFPD
Susie Chang, GCB
Jeff Ferguson, Retiree Representative

Rob Boehmer, NDC Executive Officer
Micah Salerno, Administrative Assistant
      to the Executive Officer
Henna Rasul, Senior Deputy Attorney General


Contact the NDC Administrative Office:
Rob Boehmer

Micah Salerno

  Next Quarterly Meeting

Wednesday, June 9
9:00 am

Visit defcomp.nv.gov for information to join us virtually using Zoom technology.

  Three Ways to Enroll

If you are interested in saving for retirement and have not enrolled in the Nevada Deferred Compensation Program, choose any of these convenient ways to get started now.

EZ Enrollment
Visit defcomp.nv.gov to download and complete the EZ Enrollment Form and return it as directed to the NDC Office for processing.

Enroll online
Visit nevada.beready2retire.com and select the appropriate Enroll in the link based on your employer. Follow the prompts to provide the necessary enrollment information, then visit defcomp.nv.gov to download and complete the Payroll Contribution Form. Return the form as directed to the NDC Office for processing.

Meet with your Voya local representative
Call (775) 886-2402 to schedule a phone or virtual appointment to review your personal situation and complete the enrollment process. Representatives from Voya are located in Northern and Southern Nevada to help support your retirement account needs.

Information from registered Plan Service Representatives is for educational purposes only and is not legal, tax or investment advice. Local Plan Service Representatives are registered representatives of Voya Financial Advisors, Inc., member SIPC.


What's New?

With the 2021 New Year off and running, and the first quarter of the year continuing economic and health crisis challenges, most Nevadans are excited to bring in the Spring/Summer months. With that, NDC continues working hard to bring the most value to participants and developing many exciting educational opportunities to help you NV your retirement.

NDC Committee Makes Multiple Changes to the NDC Core Investment Line-Up, Saving Participants $428,000 in Annual Costs.

At its March 2, 2021 Quarterly Committee Meeting, the NDC Committee received fund search data to consider potential changes, consolidations, and additions to investment categories within the NDC core investment lineup.

The NDC’s contracted Investment Consultant provided data on adding an additional actively managed Fixed-Income Manager to this category. The Committee voted to accept the recommendation to add the Sterling Capital Total Return R6 (STRDX) to the lineup as a side companion to the already utilized Vanguard Total Bond Index.

The NDC Committee voted to map the Vanguard Institutional Index (VINIX) to the new Vanguard Institutional Index Plus (VIIIX). This will impact approximately $117 million in Plan assets. The move will save participants approximately $22,000 per year in investment costs.

Additionally, the Committee analyzed data in the Mid-Cap/Small-Mid (SMID) Cap category and ultimately voted to accept the recommendation to consolidate and eliminate investments and assets in this category of Investments. The Plan will be eliminating the Hartford MidCap HLS (HIMCX) and Vanguard Extended Market Institutional Index (VIEIX), and will map the near $125 million in assets in these two funds to a newly added Vanguard Extended Market Index Institutional Plus (VEMPX). The move will save participants approximately $406,000 in investment costs annually.

Lastly, the Committee voted to eliminate and map assets in the Vanguard Developed Markets Index (VTMNX) to the newly added Vanguard Total International Stock Index (VTSNX). The move will provide participants with emerging markets exposure inside the index.

The Committee received a Fidelity vs. Vanguard Index Fund Analysis. Based on the relatively limited savings ($29,000 annually) and unproven track record of some Fidelity funds along with better performance for Vanguard, the NDC Committee decided to stay with Vanguard for our Target Date Fund (TDF) suite of investments.

REMINDER: All participants must use the NDC’s proprietary website when logging into their NDC accounts online

The NDC Administration continues to communicate that ALL Plan participants must utilize the NDC’s proprietary defcomp.nv.gov website when logging into their accounts online. YOU CAN NOT ACCESS YOUR NDC ACCOUNT USING ANY OTHER METHOD OR WEB LINK TO VOYA. Click NDC Account Login from the Helpful Links section of the defcomp.nv.gov welcome page to access the login or account registration site of nevada.beready2retire.com. Please bookmark the defcomp.nv.gov site for future access and delete any other addresses you’ve used for
your NDC account. This will ensure you are always able to access your NDC account information. If you need assistance, please contact the local Voya Financial office at 775-886-2402 or NDC Administrative office at 775-684-3398.

In closing, all of us here at NDC wish you and your family a safe and enjoyable Spring Season.


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Get personalized advisory services from Voya Retirement Advisors, LLC (VRA)

Speak to a Voya Retirement Advisors (VRA) Representative

Get personalized advice from an investment advisor by calling the NDC Plan Information Line at (855) GO-RET-NV (467-3868) weekdays from 6 a.m. to 5 p.m., PT., except on stock market holidays. There is no additional charge to speak with a VRA representative.*

Online Advice

Online Advice – available at no additional cost – is a service designed for individuals who prefer to manage their own account but want some professional guidance along the way. Online Advice provides you with investment suggestions and shows you how changes to your retirement age, risk tolerance, and savings rate may affect your potential retirement income. If you have questions about the Online Advice service, you can speak with a VRA Representative at no additional charge.

Professional Management

Investment advice is offered through Voya Retirement Advisors LLC. (VRA), powered by Financial Engines. The Professional Management program – available for an additional fee based on your Nevada Deferred Compensation account balance – lets you work with a VRA Representative who will review your retirement savings and investments, walk you through a personal assessment, suggest changes to your Plan investment choices and savings amounts, manage your account on an ongoing basis, and provide Quarterly Retirement Updates. For more information on Professional Management and to speak with a VRA Representative, please call the NDC Plan Information Line at (855) GO-RET-NV (467-3868).

For participants age 50 or older, the Professional Management with Income+ program – available for an additional fee based on your NDC account balance – lets you work with a VRA Representative who will invest, manage and monitor your account for you, and can provide steady monthly payouts1 of your retirement plan assets once you retire. You can further personalize your strategy by telling VRA more about your situation. For example, you can change your desired retirement age, or tell them about other investments you hold. For more information on the Professional Management with Income+ program, please call the NDC Plan Information Line at (855) GO-RET-NV (467-3868).

1 With Financial Engines® Professional Management with Income+, payouts begin in retirement at your request. Professional Management with Income+ seeks to manage your investments to create payouts that can last into your early 90s. If you think you’ll want payouts longer than that and want a lifetime guarantee, consider an optional out-of-plan annuity purchase. Guarantees of lifetime income are based on the claims-paying ability of the issuing company. However, annuities are not guaranteed to be available and are generally unavailable to those over age 85 or for balances less than $10,000. Annuities are not right for everyone and you should decide if they are appropriate for you Voya Financial and Financial Engines Advisors L.L.C. do not guarantee payout amounts or payouts for life.

*Advisory Services provided by Voya Retirement Advisors, LLC (VRA). VRA is a member of the Voya Financial (Voya) family of companies. For more information, please read the Voya Retirement Advisors Disclosure Statement, Advisory Services Agreement and your plan’s Fact Sheet. These documents may be viewed online by accessing the advisory services link(s) through your plan’s website at calpers.voya.com. You may also request these from a VRA Investment Advisor Representative by calling your plan’s information line at 855-467-3868. Financial Engines Advisors L.L.C. (FEA/Financial Engines) acts as a sub advisor for Voya Retirement Advisors, LLC. Financial Engines Advisors L.L.C. (FEA) is a federally registered investment advisor and wholly owned subsidiary of Edelman Financial Engines, LLC. Neither VRA nor FEA provides tax or legal advice. If you need tax advice, consult your accountant or if you need legal advice consult your lawyer. Future results are not guaranteed by VRA, FEA or any other party and past performance is no guarantee of future results. Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All other marks are the exclusive property of their respective owners. FEA and Edelman Financial Engines, L.L.C. are not members of the Voya® family of companies. ©2018 Edelman Financial Engines, LLC. Used with permission.


Annual Retirement
Evaluation campaign

Each year, all participants in the Nevada Deferred Compensation Program will receive a personalized Retirement Evaluation by mail at no additional cost. The Retirement Evaluation will help you measure investment diversification, retirement savings goals, and estimate future retirement income. Look for your Retirement Evaluation by mail in the coming weeks.


Making key financial decisions that make good sense.

Depending on which life stage you are in, you’ll likely navigate a series of goals throughout life. Planning to live for today while preparing for tomorrow is key. Here are some key financial decisions to consider for a healthier financial you.

Protect yourself and your paycheck with appropriate insurance coverage. The number one cause of bankruptcy is not having coverage if you become ill or have an accident. A protection plan can help you cover unexpected bills and disability insurance can provide an income if you’re unable to work.

Focus on your spending and saving, make a plan and stick to it. Include big events, such as saving for your first home, saving for college or buying a beach house. If you don’t already have one, visit voya.com/tool/budget-calculator to create a budget using the new interactive Budget Calculator. Be sure to include the following in your budget:

  • Emergency savings fund: work on building up enough money to cover 3-6 months of expenses.
  • Reduce debt: if you have credit card debt, student loans or other personal debt, make sure you allocate some of your income to paying down your debt.
  • Save more for retirement: log into your NDC account to use myOrangeMoney to help see how much you may have to save to get and stay on track for retirement.
  • Other savings goals: save time and simplify your life by taking advantage of automated options for paying bills and saving money for all of your goals.

Start by making short and long-term financial goals for your life stage and learn more by visiting voya.com/voyalearn. If you need help, be sure to call (775) 886-2402 and schedule a personal appointment with your local Voya financial professional to review your retirement planning and saving strategy. Representatives are able to meet with you online or by phone, so it couldn’t be easier to schedule a date and time to focus on achieving your goals.

Be Cybersafe.

Keep your accounts safe by registering, then logging in regularly to review activity to ensure no unauthorized use occurred. You’ll get further protection and account restoration with the Voya S.A.F.E. (Secure Accounts for Everyone) Guarantee program. To learn more visit voya.com/articles/safe-guarantee.





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Getting a tax refund? You may not want one. Here’s why.

Did you know getting a refund from the IRS means you overpaid your taxes and gave the government an interest-free loan? Any overpayment to the IRS is money NOT working for you. Let’s take a look at why that matters and what you can do about it.

If you are getting large returns each year, you may want to look at changing the number of exemptions on your IRS W-4. If you are filing quarterly, you may also be paying too much. Be sure to talk with a tax advisor to make sure you are claiming all of the exemptions you can or pay quarterly amounts closer to what you will actually owe.

You could also consider investing more in your Nevada Deferred Compensation account.

  • Every dollar you contribute before taxes reduces your taxable income, which means you may pay less in income taxes today.
  • Investing over a longer period of time in a tax-deferred retirement account allows you to take advantage of compounding. This means any contributions and earnings you make go back into your account without being taxed to earn even more savings and so on over time.
  • You can also consider other strategies to increase your retirement savings, such as increasing your retirement savings every time your salary increases. When you pay yourself first, it’s essentially a raise for you and your future self since it will potentially allow you to have more for the things you love in retirement.
  • When you need to withdrawal the income in retirement, chances are you’ll likely be in a lower tax-bracket and may pay less to the government later.

Visit nevada.beready2retire.com to log into your NDC account and review current savings rates using myOrangeMoney® to make sure you are on track for the retirement you envision.

IMPORTANT: The illustrations or other information generated by the calculators are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. This information does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax advisor when making decisions related to your individual tax situation.


Are you on track for retirement?

Voya’s myOrangeMoney®, an interactive online educational experience that makes it easier for you to estimate income needed for retirement and to review your current savings rate. What are you waiting for? Log into your NDC account today!



Organize your finances with the new budgeting calculator

Part of getting healthier financially is knowing where you money actually goes.

Imagine simplifying your financial life while meeting all of your goals. It can be possible with a simple budget approach called the 50/20/30 rule. It divides your retirement income into three categories – 50% needs, 30% wants and 20% wishes. Having a budget that organizes your finances into categories and suits your personal needs can give you the freedom to live a little without having to think about it.

Why budget?

A budget is the cornerstone of your personal money management. It lets you get the most out of your income and find some space for competing priorities. For example, understanding your day-to-day spending, while building an emergency fund or putting something aside for what you’d really like, and making sure you will still have enough in the future.

So where do you start?

First, you’ll want to set some goals before creating your budget. Do you want to make a major purchase, save for a vacation, start a savings fund for a loved one or get out of debt? Simply put, setting financial goals will motivate you to accomplish what you still want to do in life and stay on track.

Then, you need a view into where your money is going. Start by taking your brief personalized financial wellness assessment to find out where you stand financially. Then, take your next best step based on your results to help you improve your financial health and wellness. Log into your NDC account at nevada.beready2retire.com and click on Financial Wellness to get started.

Stay on track

To make sure you stay on track, visit voya.com/tool/budget-calculator to set up your 50/30/20 interactive budget and then personalize it to your priorities and situation. The calculator will also give you practical tips on how to balance your budget and stretch your income. Ready to get budgeting? Use the calculator today!


Protect the ones you love for when you are no longer here.

Designate who will be the beneficiary of your retirement savings, so the State you live in won’t have to. Log in to your account and go to Personal Information > Add or update your beneficiary today!



THE DEFERRED WORD   |  First Quarter 2021

Nevada Public Employees’ Deferred Compensation Program (NDC)
Nevada State Library and Archives Building, 100 N. Stewart Street, Suite 100, Carson City, NV 89701

Phone 775-684-3397    |    Fax 775-684-3399    |    defcomp.nv.gov


Plan administrative services are provided by Voya Institutional Plan Services, LLC (VIPS). VIPS is a member of the Voya® family of companies and is not affiliated with the State of Nevada Public Employees’ Deferred Compensation Program.





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