As we welcome the winter season and 2026 begins, the Nevada Public Employees’ Deferred Compensation Program (NDC) prepares to implement some exciting new enhancements and benefits to participants to assist employees with their financial wellness journey to and through retirement.

NDC’s Administrative Office offers participants and employees support and education to individuals and groups

Program participants and employees are welcome to schedule virtual and in-person group meetings with the NDC Administration Staff and our Investment Advisor Representatives assigned to our program by our contracted recordkeeper, Voya. Call us at 775-684-3398 to learn more.

Start the new year with a check-up

NDC Participants, all government employees, and their families are encouraged to start the new year with a financial wellness check-up. If you are a participant and have not registered your NDC account via our secure log-in portal, please make it a priority to do so. Visit defcomp.nv.gov, click on the green LOGIN TO VOYA button on our homepage, then click Register Now to begin the account registration process. Registering your account helps you implement the enhanced security features that we have in place for NDC participants. It also allows you to experience the retirement planning tools and resources that are available to you online.

The new year is also a great time to review the beneficiary designations for your NDC account as well as the beneficiary(ies) you’ve named for life insurance policies, your NV PERS account, your State or agency personal profile, and any other account that would pay a benefit in the event of your death.

Finally, tax season will be here before you know it, so make sure to plan ahead and be prepared to file your taxes. It’s also a good time to review any existing or create new legal instruments such as a will or living trust to help ensure your wishes are clearly stated and can be executed at the appropriate time.

There’s a lot do to this quarter, but don’t feel like you have to do it alone. Contact our office for guidance or reach out to your agency’s Employee Assistance Program for more information.

Governor Lombardo confirms appointments to the NDC Committee

We are pleased to announce that Governor Lombardo has  e-appointed long- standing committee member Jeff Ferguson as the NDC’s Retiree Committee member to serve another term. Jeff has been a great resource to the NDC Program and we continue to look forward to his participation and service in the future.

Additionally, the Governor re-appointed Samantha Jayme of the DHHS-ADSD to serve another term on the NDC Committee. We are so lucky to have Samantha on the Committee, as she offers a generational perspective to Program governance.

We are pleased to announce that Governor Lombardo has appointed Aaron Cook of the DNCR - State Parks Division to serve on the NDC Committee, filling the vacancy left by the retirement of long-standing NDC Committee member Debbie Bowman. Aaron serves as one of the State’s Park Rangers and represents our Public Safety sector of employees. We look forward to having him on the Committee.

Update on the 2025 NAGDCA — Art Caple President’s Award

Last quarter, we shared the news that the NDC Program was named as one of three finalists for the prestigious Art Caple President’s Award (Large Plan Category) from the National Association of Government Defined Contribution Administrators (NAGDCA). At the annual NAGDCA Conference in September, the award was given to the very deserving plan from the State Universities Retirement System of Illinois (SURS). We congratulate them on the accomplishment. Our standing as a finalist for the award, though, shows the growth the NDC Program has had in becoming a top defined contribution plan. We look forward to sharing news of other new accomplishments and awards received in future editions of The Deferred Word.

In closing, we wish you and your family a very Happy New Year from all of us here at the Nevada Public Employees' Deferred Compensation Program (NDC).

Get student loan guidance from Savi

Student debt affects workers across every industry, role, and income level. Many Americans carry student loans into their working careers. As a result, borrowers of all ages and career stages are navigating a complex and ever-changing system of repayment plans, servicers, and policies. Savi can help.

The NDC’s contracted recordkeeper, Voya^®, has collaborated with Savi, an industry leader in student loan and education benefits, to offer their student loan debt solution suite to all NDC participants.

Savi’s student loan guidance experience is available in your NDC account online and includes:

• A student loan dashboard for viewing all loans in one place.
• A tool for evaluating eligibility for repayment and forgiveness programs.
• A calculator to explore impact of income-driven repayment plans on payments.
• Educational workshops.

With Savi, you’ll have access to tools and resources to help you manage your student loans including your eligibility for repayment plans and forgiveness programs. After assessing your eligibility, you may be offered premium guidance for a fee (starting at $74 per calendar year). Savi offers premium support to those who may benefit from their help with paperwork for income-based repayment plans, paperwork for loan forgiveness programs, or personalized one-on-one assistance from student loan experts to navigate complex repayment and forgiveness options. Savi also provides a money-back guarantee on premium guidance.

Managing student loans doesn’t have to be stressful. Visit nevada.beready2retire.com to log into your NDC account. From your account homepage, go to Overview > Money Matters Resources to get started. To learn more about taking control of your student debt with Savi, you can also visit voya.com/page/student-loan-guidance.

Savi is a separate entity and not a corporate affiliate of Voya Financial (Voya). Voya may earn compensation from Savi in connection with an employer’s decision to directly engage Savi’s services. This additional compensation may be considered “indirect compensation” for purposes of DOL Regulation 29 C.F.R. § 2550.408b-2(c)(1)(IV)(C). In addition, Voya earns compensation from Savi if an individual elects Savi’s premium guidance solutions by way of the Voya website, independent of an employer-sponsored offering.

New year, new plans, fresh start

Is getting “serious” about your retirement planning on your resolution list for 2026?

While most resolutions may fade over time, having clear financial goals and regularly checking in on your progress could help to make your future dreams a reality. Maybe the new year is a good time to reflect on how far you’ve come and where you want to go.

This year, consider taking advantage of every available retirement benefit and planning resource. Log in to your account, schedule an appointment with your local Voya financial professional, or visit voya.com/voyalearn for additional help on getting closer to achieving your future financial goals.

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 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 as401(a)/401(k), 403(b), a traditional IRA) may remain subject to the IRS 10% premature distribution penalty tax. Retirement Consultants are registered representatives of and offer securities through Voya Financial Advisors, Inc. (member SIPC).

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.

How much will you save for retirement in 2026?

Every year, the IRS announces the contribution limits for retirement savings accounts like the NDC Program. Certain limits for 2026 have increased, giving you the opportunity to save even more today to help achieve your future goals.

1 Age 50 and older before year-end. If you participate in a 457(b) plan, the Age 50+ Catch-up is only available if the plan is sponsored by a governmental employer.

2 Under a change made in SECURE 2.0, a higher catch-up contribution limit applies for employees, aged 60, 61, 62 and 63 in 2026, who participate in most 401(k), 403(b), governmental
457 plans and the federal government’s Thrift Savings Plan plans.

3 This special election catch-up applies to employees participating in an eligible governmental 457(b) deferred compensation that have elected the special catch-up available in the three
years prior to the year of normal retirement age. If you are eligible for both the Age 50 and older catch-up and the special election catch-up under your 457(b) plan, IRS rules do not allow

Participants aged 60-63 by the end of 2026 can save even more

If you are between ages 60-63 as of the end of 2026, you have the option to save even more than the standard Age 50-59 or 64+ Catch-Up. If you’re eligible, these age-based catch-up contribution options can help you maximize the saving potential of your remaining working years to reach your retirement goals.

Questions? Voya can help.

If you have questions about your retirement savings rate or contribution limit for 2026, your local Voya financial professional can help. Call (775) 886-2402 or visit nvdeferredcomp.timetap.com to schedule an appointment. When you’ve reviewed and considered your retirement savings and would like to make a change, visit defcomp.nv.gov to download and complete a Payroll Contribution Form. Return the form as directed for processing.

Strategically managing your money to last throughout retirement

For decades, you’ve stashed away part of your hard-earned paycheck so you could have a good retirement. All those years of saving consistently and denying your urge to use that money for other financial needs may have paid off. Now that you’re considering retirement income, do you have a plan in place for withdrawals like you did when you were accumulating savings?

Once you’ve retired and the paychecks have stopped, your financial focus may shift from building that nest egg to creating monthly income from your savings. The challenge is to manage your money so you have enough to last throughout retirement. You’ll need to watch out for a few things:

Market downturns – You’ve become more conservative in your investing to help lower your market risk. But the value of your investments could still decrease if the markets perform poorly, which can affect your retirement income.

Inflation – Budgeting is crucial for most retirees. As you estimate monthly expenses for the long run, consider rising costs for food, fuel, health care and other necessities.

Taxes – If your income is about the same as it was before retirement, your taxes may be too.

Medical expenses – Depending on your insurance, treating an illness could affect your long-term income potential.

Extended family needs – If you’re part of the “sandwich” generation, you may need to take care of aging parents, your children and yourselves. Keeping your finances in order could make it easier to help others.

Longevity – Life expectancies continue to increase. Make sure your income strategy accounts for the fact that you could live another 20 or 30 years.

These are just a few things to think about when planning to enjoy yourself in retirement. Visit voya.com/page/steps-to-enjoy-yourself-retirement for other tips and guidance to help manage your finances, consider health care, and more.

		Meet Cali (gray) and Patches (black and white), who are exhausted from all the great information they learned about this quarter, submitted by Toni Giddens. 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   |  Fourth 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.

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