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Can You Continue MO Deferred Comp Contributions in Retirement?
No. Once you leave state employment – for retirement or any other reason – you can no longer make contributions to the MO Deferred Comp Plan. You can keep the money you saved throughout your career with the state in deferred comp after you separate from service. By doing so, you can continue to utilize all the unique features the plan has to offer, such as:
- Access to MO Deferred Comp’s custom, low-cost investment options.
- The ability to roll-in and consolidate retirement savings plans from previous employers.
- Withdraw your 457 contributory source funds, penalty-free, after you leave state employment.
- Enjoy easy and flexible withdrawals in retirement.
- Individualized help from the plan’s financial education professionals.
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Disclaimer
We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.