The Nevada Public Employees’ Deferred Compensation Program (NDC) welcomes the summer with a bright future to assist participants and employees as you NV Your Retirement.

Your Annual Retirement Evaluation is Coming

Annual Retirement Evaluations will again be sent out this summer to active participants. This is a great way for you to get a snapshot of where your financial wellness journey stands now and into the future. You can then take action to improve your current situation, get valuable guidance on achieving your financial goals, and improve your self-reliance.

To ensure you receive the most inclusive and detailed evaluation of your current situation, log in to your NDC account through our secure login portal by visiting defcomp.nv.gov and clicking on the green LOGIN TO VOYA button. On your online account homepage, make sure that the personal information in the About Me section below the orange dollar bill is correct. If you need to make changes, you can update your annual salary and retirement replacement income goals. You can also change the heading above the myOrangeMoney dollar bill to Let’s talk about your retirement savings to input or modify your NVPERS Pension benefit, other retirement assets you may have through former employers, and your spouse’s or domestic partner’s retirement assets. Finally, you can navigate to the Financial Wellness section at the top of the page for tools to assist you with achieving retirement readiness and better financial wellness for you and your family.

Monitoring the NDC’s Core Investments

At the quarterly Committee meeting held on May 28, NDC Administration and our Investment Consultant recommended that we keep the MFS Value Fund and American Funds EuroPacific Growth Fund on a scrutinized watch list to see if the funds correct themselves over the next quarter to a level at or above the established benchmarks set in the NDC’s Investment Policy. This is a great example of how investment management oversight in the NDC Program helps to ensure that all the investments in the NDC’s fund lineup meet or exceed our performance standards for the benefit of our participants.

We continue to encourage participants to “stay the course” during times of market uncertainty and consider taking advantage of meeting with a local Voya financial professional for the NDC Program. In Southern Nevada, you can meet virtually or in person with Eric Wyer. For the rest of the State, you have the option of meeting with either John Verducci or Connor Jamerson. Meetings with John or Connor can also be held at the NDC Administrative Office in the Nevada State Library and Archives Building. Visit nvdeferredcomp.timetap.com to schedule your personal one-on-one appointment.

Mark Your Calendars for Nevada Saves Month

NDC Administration has already begun preparing for the Program’s biggest event of the year, Nevada Saves Month, which returns this October as part of National Retirement Security Month. We will host the 19th Annual Financial Education & Literacy Days in late October, including the always-popular series of live webinars for State employees, NDC participants, and their families. Mark your calendars now and look for webinar dates and times in the coming months so you can plan to attend the sessions that will benefit you the most.

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

Get the most out of participating in the NDC Program

As a Nevada Deferred Compensation (NDC) Program participant, you took an important step to achieve a secure financial future when you enrolled. Are you taking full advantage of all the participant resources available to you, though, on the journey to and through retirement?

Register your account online. Accessing your account regularly is one way to stay connected with your retirement goals. Visit defcomp.nv.gov and click Login to Voya to set up an account username and password. You’ll need to provide your Social Security number, date of birth, and name to receive a code and complete the setup process.

Manage your account profile. Log in and click your name in the top right hand corner to manage your account settings and information. Go to Personal Information > Beneficiary Information to review, add, or update the beneficiary(ies) for your account. Go to Communication Preferences to review, add, or update your contact information and whether you want your NDC notifications and correspondence by email or U.S. Mail.

Track your retirement progress. myOrangeMoney®, found on your account homepage, can help estimate how your accumulated account value may translate to monthly income.¹ You can review, add, or update information such as your annual pay, retirement age goal, hypothetical investment performance, and how much of your current income you may need to replace in retirement. You can also add information about outside savings into the myOrangeMoney experience, like your anticipated Nevada PERS benefit or retirement accounts you have through former employers.

Simplify your financial life. You can transfer retirement account balances from former employers to the NDC Program. Consolidating accounts can help you stay on top of your finances by investing consistently, paying the same fees, and tracking your retirement progress in one place. Call Voya’s Account Consolidation Team² at (866) 865-2660 to determine if your former employer’s retirement account can be transferred to your NDC account.

Get retirement savings support when you need it. Your local Voya financial professional³ can help you review and discuss your retirement saving and investing strategy. Call (775) 684-3398 or visit nvdeferredcomp.timetap.com to schedule an appointment. For help with your NDC account, call the Plan Information Line at (855) GO-RET-NV (467-3868) weekdays between 6:00 a.m. – 5:00 p.m. PT, excluding stock market holidays.

1 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.

2 Retirement Consultants are registered representatives of and offer securities through Voya Financial Advisors, Inc. (member SIPC). Please carefully consider the benefits of existing and potentially new retirement accounts and any differences in features. Please note that assets rolled over from other non-457 plans (such as 401(a)/401(k), 403(b), a traditional IRA) may remain subject to the IRS 10% premature distribution penalty tax.

3 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.

Pick your person(s)

Designating and managing the beneficiary elections for your NDC account can help ensure that the assets you’ve worked hard to accumulate are passed on according to your wishes. Take action now to protect the life they live today.

Visit defcomp.nv.gov to get started. If you have not logged in before, click Login to Voya to set up a username and password. Once you’ve registered, you can use the same credentials to log into your account online and the Voya Retire mobile app. If you need help registering your account, call the Plan Information Line at (855) GO-RET-NV (467-3868) weekdays between 6:00 a.m. – 5:00 p.m. PT, excluding stock market holidays.

After you’ve logged in, go to the Snapshot of Your Accounts section of the homepage, click the link for your NDC account, and then click Go To Account. On your NDC account homepage, select your name in the top right-hand corner and click Personal Information. Go to the Beneficiary Information section and follow the instructions to add or edit your beneficiary(ies).

You may choose to designate primary and contingent beneficiaries. A contingent beneficiary will receive the funds in the event that your primary beneficiary dies before you. If there are no surviving primary or contingent beneficiaries, death benefits may default to your estate upon your passing.

If you have a loved one with special needs, naming them as a beneficiary could have an unintended impact on their eligibility for government benefits. Individuals with as little as $2,000 in assets and income may be ineligible for key needs-based government benefits such as Supplemental Security Income. Planning for your loved one’s future starts by meeting with a specially trained financial professional to help protect their future. For example, a well-drafted special needs trust could be designed to receive the proceeds of your account without compromising their eligibility for government benefits. To learn more, please visit
voyacares.com.

It’s important to review your designations periodically in case there has been a change in your personal situation. Events such as a marriage, divorce, birth, adoption or death may impact your beneficiary designations. Take action today to ensure that your loved ones will be cared for according to your wishes.

Investing for the long term

Feeling anxious and unsure about the future, especially as it relates to your plans to retire in the next 5-10 years? Even in the later stages of your career, retirement is still more of a marathon than a sprint. There are several things you can do to navigate today’s uncertainty while still planning for your tomorrow with the NDC Program.

Stay the course. Don’t panic. The ups and downs of the stock market aren’t as unusual as they may seem. It takes discipline, but managing your reactions to a bad market day or week could be the best option for you. For example, if you had invested $10,000 in the securities included in the S&P 500 Index on January 3, 2005, your investment would have grown to $71,750 by December 31, 2024 with an average annual total return of 10.4%. Had you pulled your money out of the market during one of the low points of that 20 year period, though, you could have missed out on most or even all of the investment gains in the S&P during that time. If you missed the market’s 10 best days of that period, your 10.4% average annual total return would have decreased to 6.1%. If had you missed the market’s 60 best days, your average total return for the same time period would have decreased from 10.4% to -3.7%. That’s why staying the course is so important, because missing the market’s best days can be a costly mistake.

Stick to your plan. Resisting the urge to react to market volatility may allow you to benefit when it recovers. Instead, consider thinking more about the factors that you can control, like investing in a diversified portfolio that reflects your risk tolerance and long-term retirement planning strategy. The Vanguard Target Retirement Date Funds in your NDC account, for example, are diversified portfolios in a single fund that are professionally managed for you on the journey to and through retirement.

Continue to save for retirement. If you can still contribute to your NDC account through payroll deduction, you purchase more shares at a lower price in a down market than when it is at a high. More shares may mean more retirement savings if the market rebounds.

Create and stick to your budget. Having a plan for your finances is a great way to get organized and feel in control. Treat retirement like a monthly bill and make a long-term commitment to save for it consistently. Over time, regular contributions of any size to the NDC Program have the potential to grow into something much more substantial. If you’re not maximizing your contributions this year, consider ways to save more so you can avoid delaying retirement.

Managing your investments doesn’t have to be complicated and you don’t have to do it alone. Get help when you need it. Call (775) 684-3398 or visit nvdeferredcomp.timetap.com to schedule an appointment with a local Voya financial professional to review and discuss your retirement planning and investing strategy.

Key considerations for retirees

When you enrolled in the NDC Program, you made a commitment to save for your future by investing during your working years to build additional retirement income to supplement your pension and Social Security. Now in retirement, here are a few reasons why you should consider keeping your money invested in the Plan.

1. You are already familiar with the NDC Program.

You can continue to manage your NDC account using all the tools and resources that you are already familiar with.

2. You have investment flexibility.

The investment options available in the NDC Program are competitively priced and regularly monitored to ensure that they maintain their stated objectives, strategies and risk levels.

3. You are already paying lower fees to participate.

Plan’s recordkeeping, compliance and administrative costs are the same regardless of the investment options you choose. This ensures that the cost of administering the Plan is shared equitably by all participants.

4. You have access to investment advice.

Your NDC account has access to investment advisory services through Voya Retirement Advisors (VRA), powered by Edelman Financial Engines. You can use the Online Advice tool or speak with a VRA Representative at no additional charge to get help with your investing and retirement planning strategy.

5. You can take distributions whenever you’d like.

Based on your date of birth, you will be notified with a calculation when the IRS requires you to begin taking Required Minimum Distributions (RMDs) each year. The RMD calculation will consider any other distributions you have already received from your NDC account during the current year.

Distribution choices and rules can be complex. Prior to making any distribution decisions, you should call the NDC Plan Information Line at (855) GO-RET-NV (467-3868) to review your options and answer your distribution questions. We also encourage you to talk with your tax advisor and financial professional before taking a distribution. No matter what retirement looks like for you, thank you for making the NDC Program a part of your journey.

Meet Teddy, who is proving that anything can be a pillow if you’re sleepy enough, submitted by Nicky Sanchez Go. Send your pet pictures (include their names and any fun facts) to deferredcomp@defcomp.nv.gov

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 nevada.beready2retire.com. You may also request these from a VRA Investment Advisor Representative by calling (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. ©2025 Edelman Financial Engines, LLC. Used with permission.

This material is provided for general and educational purposes only; it is not intended to provide legal, tax or investment advice. All investments are subject to risk. Please consult an independent legal or financial advisor for specific advice about your individual situation.

THE DEFERRED WORD   |  Second Quarter 2025

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.

CN4536214_0627

NEWSLETTER ARCHIVE