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Save more with DCP

The Washington State Deferred Compensation Program (DCP) is a supplemental retirement savings program (an IRC Section 457 plan) that offers you the opportunity to invest money toward the retirement you envision.



Automatic Enrollment for New Hires
How to Enroll
Annual Contribution Limits
DCP Savings Calculator
Publications / Forms
Quarterly Updates


DCP is Easy, Flexible & Smart


  • Start building your retirement security with as little as $30 a month.

  • Invest to match your style: Either customize your account by selecting from a variety of investment options, or simply select a Retirement Strategy Fund that matches your target date for retirement or withdrawal.


  • Change your monthly contribution amount or investment strategy when necessary with 24/7 account access.

  • Roll over eligible retirement balances into your DCP account.


  • Pay yourself first by joining DCP. Choose from investment options selected by the Washington State Investment Board, with fees among the lowest in the marketplace.

  • Since the money you contribute to DCP is deducted from your paycheck before taxes are taken out, you lower the amount you pay in current federal income taxes.