It may be time for a check up!
It is never too late to get “retirement ready”. Click here to learn more about the benefits of saving with KDC.
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Contact Kevin at (800) 542 2667 to schedule an appointment or discuss your account. He can also explain the advantages of maintaining your account with KDC after you retire. |
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Kevin Hughes is an experienced Registered Plan Service Representative located in the Frankfort office. He has an MBA from the University of North Carolina - Greensboro and has served in the financial services industry for over 6 years. Kevin can review your account or assist you in making changes. |
The credited rate for the second quarter of 2013 is 1.68%.
Review the educational brochures below to learn about the benefits of KDC.
Stay informed on recent news and upcoming events.
Mr. Feltner grew up in Manchester, Kentucky. After graduating from Clay County High School and Eastern Kentucky University he embarked on his banking career. His 40 plus years of banking have included The Graduate School of Banking at Louisiana State University as well as numerous schools and seminars relating to the banking industry.
Mr. Feltner has been active in many community affairs in Hardin, Fayette, and Scott Counties. Currently, Mr. Feltner resides in Elizabethtown, Kentucky and is President of South Central Bank of Hardin County. At present he is a member of the Hardin County Chamber of Commerce, Lincoln Trail Home Builders Association, Commerce Lexington, serves as elder in his church, and supports community and charitable events.
For a list of Authority Board members, please click here.
May 22, 2013
Plan Service Representatives are available to meet with you in person.
Locate your work county on the map to find your
representative.
Vanguard recently announced they will be making changes to the Vanguard Target Retirement Funds in an effort to increase diversification and potentially reduce risk.
Each Target Retirement Fund invests in several other Vanguard funds, effectively holding thousands of stocks and bonds. Vanguard is taking the following steps to broaden the Target Retirement Funds’ portfolios and reduce their level of risk:
Additionally, the allocations to Vanguard Prime Money Market Fund in the Target Retirement 2010 and Target Retirement Income Funds will be eliminated.
The Changes to the Target Retirement Funds represent a refinement of the funds’ fixed income diversification. Their overall strategic asset allocation and glide path will not change. The addition of hedged international bonds is expected to bring long-term diversification benefits, while an allocation to short-term TIPS aims to provide retirees and pre-retirees with improved inflation protection with less volatility.
For further information, please contact Vanguard at 800.523.8066.
Certain funds available through Kentucky Deferred Comp (KDC) maintain or are subject to trading restrictions and charge redemption fees in an effort to help prevent excessive short-term or disruptive trading.
For further information regarding Fund Trading Restrictions and Redemption Fees, click here.
IRS announces deferral limits increase for 2013.sRead more.
How do I rollover my account(s) into KDC?
Steps to consolidate or rollover your accounts in KDC:
1. Complete the *appropriate type* of Kentucky Deferred Compensation (KDC) Incoming Rollover form and submit it to your local representative or mail/fax it to the Frankfort Service Center at:
101 Sea Hero Road, Suite 110, Frankfort, KY 40601--5404
FAX 502.573.4494
Types of Rollover forms:
2. Contact your current account holder to determine if they require additional paperwork. Keep in mind some companies need only the Kentucky Deferred Comp form, along with a letter of acceptance from KDC. However, other companies require their own documents completed to process a rollover.
3. Once all paperwork has been completed, submit all rollover/transfer forms to Kentucky Deferred Compensation. We will then mail all documentation, along with our letter of acceptance, to the current account holder.
4. After the rollover check has been received, KDC will mail you a letter confirming receipt of your rollover.
If you have any questions regarding the status of your rollover please contact Amy Mosby at (800)542-2667 or (502)573-7925.
Kentucky Deferred Comp | Customer Service Line: 1.800.542.2667 or 502.573.7925 | Find Your Representative