The Wisconsin Deferred Compensation Program (WDC) is a supplemental retirement savings plan, regulated by Section 457 of the Internal Revenue Code (see Program Features and Highlights). Through the WDC plan you can invest a portion of your income for retirement either on a pre-tax or post-tax (Roth) basis or a combination of both. Participation in the plan is voluntary. You make the entire contribution; there is no employer match.
WDC is administered by the Department of Employee Trust Funds (ETF) through a third-party administrator, Empower Retirement.
You can also learn more about Wisconsin Deferred Compensation at: www.wdc457.org.
All UW System employees (including student hourly and graduate assistants), with the exception of some employees-in-training, fellows, and interns, are eligible to participate. Eligible employees can enroll at any time.
Enroll and make changes directly with Wisconsin Deferred Compensation. You can download and print either one of the below forms, then complete and submit it to the WDC office.
The completed form should be sent to:
Wisconsin Deferred Compensation
5325 Wall St, Suite 2755
Madison, WI 53718
If you have any questions, contact WDC directly at firstname.lastname@example.org or 877-457-9327.
Once enrolled, you may change your contribution level or investments choices by contacting WDC directly.
2019 Contribution Limits
Federal tax code limits the amount of money that you can contribute to your WDC account on an annual basis.
- If under age 50: $19,000
- If age 50 or older at any time during the year: $25,000 ($19,000 + $6,000 catch-up provision)
If you are within 3 years of your normal retirement age (typically age 65), you may be eligible to use the Special Catch-Up Contribution provision. You may not contribute to both the Special Catch-Up option and the Age 50+ Catch-Up option in the same calendar year, even if you are eligible for both. Catch-up contribution limits are in addition to the regular contribution amount depending on how much you undercontributed in prior years. You are responsible for monitoring your contributions to ensure that you stay within the annual limits.
You can make the maximum contributions under both the WDC plan and the UW Tax-Sheltered Annuity 403(b) plan.
You may contribute on both a pre- and post-tax basis to Wisconsin Deferred Compensation. See the brochure The WDC Roth – Is It Right For You? in order to help you determine what is best for you.
WDC offers a wide range of investment options to meet your needs. The investment options are divided into 4 tiers:
- Lifecycle Funds
- Passive Index Funds
- Actively Managed Funds
- Self-Directed Brokerage Account
See the Wisconsin Deferred Compensation website for a full list of available investment options.
The monthly fee to participate in WDC is based on your account balance as follows:
|Account Balance||Monthly/Annual Fee|
|$1-$5,000||$0 / $0|
|$5,001 – $25,000||$1 / $12|
|$25,001 – $50,000||$3 / $36|
|$50,001 – $100,000||$6 / $72|
|$100,001 – $150,000||$8 / $96|
|$150,001 – $250,000||$11 / $132|
|over $250,000||$16.50 / $198|
Forms & Resources
last updated: 1/3/2019
Every effort has been made to ensure this information is current and correct. This page does not guarantee enrollment or the ability to make changes to your benefits.