The Wisconsin Deferred Compensation Program is an optional, supplemental retirement savings plan for all working state and university employees. Local government and school district employees may also use the WDC if their employers offer it.
The WDC is an Internal Revenue Code Section 457 deferred compensation plan. A 457 deferred compensation plan allows you to save money directly from your paycheck for retirement, and offers tax benefits and different investment options. The plan has a bit more flexibility than similar plans like those offered through IRC sections 401(k) or 403(b).
The value of your WDC account is based on how much money you put into the account and how much money your investments make over time. Scroll down to click on one of the cards below for more information.