Deferred Compensation

The Cares ACT provides for Plan Distributions and loans from our Deferred Compensation 457(B)

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Give your Deferred Compensation Contribution an Automatic Boost
Recently the Deferred Compensation Board approved a change to allow participants in the Deferred Compensation Plan to contribute to Nationwide on a percentage basis. This does not take away the current option of a set dollar amount but adds an additional feature that may be chosen instead. The percent-based contribution option helps you:

• Give your contribution an automatic raise every time you get one
• Avoid the risk of forgetting to increase your contributions
• Increase the potential to achieve your investing goals.

To change your contribution option to the percentage base visit your account online at Tulsa457.com. If you have never accessed your account online you will need to register with your account number. If you do not know your account number please contact Nationwide at (877) 677-3678.

Deferred Compensation

• Read the Brochure
• See How Your Money Grows through Investing
• Give Your Contributions a Boost
• Percentages

Deferred Compensation - Beneficiaries

Marriages, divorces and births are among the many life events that can bring changes to your priorities, including whom you want to have control of your City of Tulsa Deferred Compensation Plan account should you pass unexpectedly.

Updating beneficiaries is often an overlooked component of managing retirement accounts, yet one of the most important.

Now is a good time to review and, if appropriate, revise the beneficiary designation you have on file with the Plan/

Updating your beneficiary designation takes just a few minutes but could make a big difference for your loved ones. And it’s easy.  

Please take time to check your account today to ensure we have your current beneficiary information on file.  Here’s how.

• Just log on to your account at tulsa457.com
• On the Overview page select the “Beneficiaries” box on the left to view your current Primary and Contingent Beneficiaries.
• To change or add beneficiary information, select the “Manage Beneficiaries” box on the bottom of the page. (You must have the date of birth and social security number of each beneficiary.)
• Select the “Next” to review your elections.
• Select “Submit” to finalize your elections.

If you have questions or need help, you may also call Nationwide Customer Service at 1-877-677-3678.