Deferred Compensation Plan
If you are a benefits-eligible employee, you can choose to participate in King County’s 457(b) Deferred Compensation Plan to assist in your long-term retirement planning. You can elect either pre-tax or after-tax (ROTH) contributions in an array of investment choices from T. Rowe Price.
You decide how much to defer through payroll deduction—up to the specified IRS contribution limits:
- 2020: $19,500 per year ($26,000 if you’re 50 or older)
For plan details, see the Deferred Compensation Plan Document.
Education Sessions
To learn more, check out the Deferred Compensation Plan education sessions, offered to all employees:
Register for in-person sessions
Test a WebEx meeting on your device.
Contacts
For plan details, tools, and resources: T. Rowe Price or 888-457-5770
For enrollment information: King County Deferred Compensation Coordinator, Osceola (O.C) Collier, 206-263-9250,
or KC Deferred Comp
Deferred Compensation Board
A board of current and retired King County employee representatives oversees the plan with the assistance of an independent financial consultant. The King County Employees Deferred Compensation Board meets on the second Tuesday of the month and all employees and participants are welcome.
Board meeting minutes Nov. 2019
Board meeting minutes Oct. 2019
Board meeting minutes Aug. 2019
Board meeting minutes May 2019
Board meeting minutes April 2019
Board meeting minutes March 2019
Board meeting minutes Feb. 2019
Benefits and retirement
Payroll
Fax: 206-296-7678