The Wisconsin Deferred Compensation Program website has always been a great resource to help you manage this vital source of retirement income—and now it can do a great deal more. Website enhancements provide you the option to track every aspect of your finances in real time – in one place, and with one login.
After all, your financial life isn’t limited to just your WDC account, and every dollar you have set aside for retirement has an impact on your cash flow, your debt, and your net worth. You may have multiple financial accounts—each with its own website, user name, and password.
Here’s how this new and completely optional WDC website feature can help you put together the varied snapshots of your finances into a single comprehensive picture:
- Link all of your accounts. You can add other accounts, such as checking, savings, credit cards, mortgages, health savings accounts, 529 college savings, and brokerage and stock accounts, to your WDC account. You’ll get a complete, real-time overview of all your finances on one site with a single login.
- Track your net worth. The consolidated view of your finances can help you understand your net worth so you can clearly see what you own and what you owe.
- Monitor your budget and cash flow. Keep track of your monthly income and where you spend it. You’ll be able to track your spending by category and spot month-to-month patterns.
- Continue preparing your retirement future. Get insight into your retirement income and monitor how much you’re spending to ensure you’re reaching your goals.
Security features on the website include multifactor authentication, proactive security alerts, device fingerprinting, and access controls, all intended to help keep your entire account and information secure.
Log in to your WDC account to link your other financial accounts to your WDC profile—and get an end-to-end view of your finances. Questions? Schedule a free one-on-one appointment with your local WDC Retirement Plan Advisor.