Topic

MSB Employee Benefit: Deferred Compensation

Borough employees have the option to direct a portion of their salary on either a pre-tax or post-tax basis through MissionSquare.

Deferred compensation is a voluntary retirement savings plan that allows you to set aside a portion of your paycheck today to help build income for the future. Contributions are deducted automatically from your pay, making it an easy and consistent way to save.

These plans offer tax advantages, investment options to fit your goals, and flexibility in how much you contribute. Whether you are just starting your career or getting closer to retirement, deferred compensation can be a powerful tool to help you plan ahead.

Mission Square Deferred Compensation Enrollment Form

These amount you choose to defer can be changed at any time.

For more information about deferred compensation reach out to:

Jeff Spindle

(202) 7597160

jspindle@missionsq.org