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  1. la457.comCity of Los Angeles Deferred Compensation Plan

    The City of Los Angeles Deferred Compensation Plan is a voluntary tax-advantaged governmental 457(b) plan that allows you to save a portion of your salary now so you can enjoy it later in retirement. You decide how much to save, how to manage your taxes for retirement, and how to invest.

    • Contributions

      One easy way to increase your retirement savings is to...

    • Join The DCP

      The City of Los Angeles Deferred Compensation Plan is a...

    • FAQs

      The Deferred Compensation Plan (DCP) is a retirement savings...

  2. la457.com › contributionsContributions — City of Los Angeles Deferred Compensation Plan

    One easy way to increase your retirement savings is to contribute a percentage of your income to your Deferred Compensation Plan (DCP) account. Consider saving between 7% and 10% of your salary. The DCP makes it easy for you to save a percentage of your income through the percent-of-pay feature.

  3. la457.com › join-the-planJoin the DCP — City of Los Angeles Deferred Compensation Plan

    The City of Los Angeles Deferred Compensation Plan is a voluntary tax-advantaged governmental 457(b) plan that allows you to save a portion of your salary now so you can enjoy it later in retirement. You decide how much to save, how to manage your taxes for retirement, and how to invest.

  4. la457.com › faq-plan-highlightsFAQs — City of Los Angeles Deferred Compensation Plan

    The Deferred Compensation Plan (DCP) is a retirement savings program designed to complement your City pension benefit. After a full City career, your pension benefit will form the foundation of your income during retirement.

  5. la457.com › contact-usContact — City of Los Angeles Deferred Compensation Plan

    In-Person (Appointment Only): The Deferred Compensation Plan (DCP) office is located at City Hall, Room 867. In-person services are available on an appointment-only basis on Monday through Thursdays from 9:00 a.m. to 4 p.m., with walk-in services on these days based on availability.

  6. la457.com › stay-in-the-planStay in the DCP - City of Los Angeles Deferred Compensation Plan

    As an Internal Revenue Code Section 457 plan, the DCP has certain benefits and features that are lost once an account is rolled out to an IRA. For example, 457 plans are exempt from the 10% early withdrawal penalty for distributions prior to age 59½; once your account is rolled to an IRA, withdrawals below the age threshold could be subject to ...

  7. la457.com › your-distribution-optionsYour Distribution Options - City of Los Angeles Deferred...

    Roll over the balance to another qualified plan: This option allows you to roll some or all of your savings to a 403(b) plan, governmental 457 plan, or an IRA (but be sure to compare fees and sales charges before you initiate the rollover).

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