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Save Now for Your Future: You Are Worth the Investment

Sept. 19, 2024 A jar full of coins with a small branch sticking out of the top sits beside four stacks of coins.

Don’t delay in contributing to a supplemental retirement plan in addition to your STRS Ohio pension. The time to start is now.

Supplemental retirement plans, such as the 457(b) plan offered through Ohio Deferred Compensation, can better position you to reach your financial goals. Here are a few considerations when determining how much to save:

  • Anticipated living expenses and retirement plans or hobbies
  • Health care premiums and out-of-pocket expenses
  • Your potential longevity — STRS Ohio has more than 200 centenarian benefit recipients.

For further details on plan features, contribution limits and available resources for establishing a supplemental retirement plan, check out our Supplemental Savings page.