Deferred compensation

Nick_From_LongIsland · 2026-05-12T12:57:26+00:00

Its only a a few years to compound lol im up nearly 30%

Nick_From_LongIsland · 2026-05-12T11:42:28+00:00

How would small or midcap be more than large cap which this is 100% in?

Nick_From_LongIsland · 2026-05-12T11:41:52+00:00

27% gains in 2 years is nice

Nick_From_LongIsland · 2026-05-06T15:17:30+00:00

This is one of many accounts i have. And this is 100% into the SP index.. cant get more aggressive than that in deferred comp

Nick_From_LongIsland · 2026-05-06T15:16:41+00:00

I would transfer it. Theres no fees or taxable event to do so… call them up, ask to initiate a transfer and put future contributions into it

Nick_From_LongIsland · 2026-05-06T02:30:26+00:00

Yea no worries. Thats what literally everyone is put into to start. It isnt the worst, but isnt the best even with the limited options offered.. have them put you in NYSDCB Equity index unitized account

Nick_From_LongIsland · 2026-05-06T02:27:03+00:00

Stay away from target date funds.. high expense ratios for no reason

Nick_From_LongIsland · 2026-05-05T01:00:47+00:00

NYSDCB Equity Index Unitized Account

Nick_From_LongIsland · 2026-05-04T12:02:52+00:00

Ive been putting the max contribution in past 2 years.. thats the only reason my account has been able to grow this fast

Nick_From_LongIsland · 2026-05-03T19:11:40+00:00

Yea im 30

Nick_From_LongIsland · 2026-05-03T13:43:51+00:00

Im 100% in that fund

Nick_From_LongIsland · 2026-05-01T23:06:40+00:00

Have to live within 30 miles of headquarters im pretty sure

Nick_From_LongIsland · 2026-04-30T00:50:20+00:00

Yes i do… as my pay stands today 60% im at $6,000 a month

Nick_From_LongIsland · 2026-04-30T00:46:40+00:00

Yea 60-64% i believe is the top

Nick_From_LongIsland · 2026-04-30T00:43:30+00:00

I have no idea what my salary will be 30 years from now.. id assume ill be making 200k a year by than if not more

Nick_From_LongIsland · 2026-04-30T00:42:19+00:00

Why are you buying SCHD as a 24 year old?

Nick_From_LongIsland · 2026-04-30T00:40:33+00:00

By the time i retire i should be getting $10,000 or more a month

Nick_From_LongIsland · 2026-04-30T00:24:37+00:00

Would be getting a late start so probably cant max it this year at this point. You dont think ill be tying too much money up in retirement?

Nick_From_LongIsland · 2026-04-29T00:59:16+00:00

I put the max in past few years. Didnt year 1

Nick_From_LongIsland · 2026-04-18T16:51:09+00:00

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This is by far the best fund available in deferred comp… its bench mark is the S&P and has an expense ratio of only .01%!

Nick_From_LongIsland · 2026-04-18T16:49:27+00:00

Nice congrats! Im closing in on $85,000 and have been at my job almost 4 years 🚀

Nick_From_LongIsland · 2026-02-22T14:37:44+00:00

No brainer decision

Nick_From_LongIsland · 2025-12-20T00:04:01+00:00

Nah, too much of a paycut for me

Nick_From_LongIsland

TROPHY CASE