Change to Timing of Deferred Compensation 457(b) Contribution Changes

Earlier this month, a change was implemented that allows potentially quicker effective dates for your contribution changes. SECURE 2.0 allowed plans to remove the restriction of effective dates being in the month following the day they were requested. Now, your contribution changes will be effective with the next payroll that Nationwide communicates the change to your payroll department. This change should take effect over the next few payrolls.