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Roth Option Added to theNew Jersey State Employees Deferred Compensation Plan (NJSEDCP)
The State Division of Pensions and Benefits is now offering you another option to consider when saving for retirement through New Jersey State Employees Deferred Compensation Plan (NJSEDCP). The Plan now allows you to make after-tax Roth Contributions. This Roth option will give you more flexibility in helping you meet your retirement goals by giving you the opportunity to invest after-tax dollars for retirement.
There are a number of voluntary tax-deffered savings plan options available to to Rutgers employees. For more information on these options, visit the Voluntary Savings page on the UHR website.