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City of Milwaukee Deferred Compensation Plan

The City of Milwaukee Deferred Compensation Plan is a Section 457 defined contribution retirement plan offered by the City to allow its employees to put aside funds from each paycheck toward retirement. The plan is administered by a Board of eleven members and is staffed by an executive director and administrative assistant.

My Interactive Retirement Planner

"Will I have enough income in retirement?”

Good question. You can explore the potential prospects with just a few clicks through
My Interactive Retirement PlannerSM on the Plan website. The Planner lets you create a personalized picture of how your current deferred compensation account balance may translate into retirement income by:

  • Entering additional financial assets
  • Projecting retirement spending needs;
  • Testing different scenarios; and
  • Taking action

Insights for more confident retirement planning

My Interactive Retirement PlannerSM is an on-line retirement planning tool that helps estimate:

  • How much you may have at retirement and if that's enough; and
  • How to improve your retirement outlook.

For more than 40 years, Nationwide® has provided the knowledge and tools you and your Deferred Compensation Plan participants need to plan for life in retirement. We take pride in listening and responding to the needs of participants as they navigate their retirement path.

Starting in December 2014, our suite of proprietary planning tools welcomes My Interactive Retirement PlannerSM - a solution that helps participants envision how their deferred compensation account balance today may result in retirement income in the future.

Self-navigation allows participants to: (1) incorporate outside and spousal assets into their planning; (2) see how decisions they make now may impact them in the years ahead; and (3) make decisions and adjustments based on their findings - all just by logging into their deferred compensation account and following the prompts!

Take a look at My Interactive Retirement Planner website and feel free to contact your local Nationwide® office at 414-276-2079, or our toll free assistance line at 1-800-829-1183, with questions or to schedule time for a demonstration.

Investing involves market risk, including possible loss of principal. There is no guarantee that investment objectives will be achieved.
My Interactive Retirement PlannerSM is a hypothetical compounding example and is not intended to predict or project investment results of any specific investment. Investment return is not guaranteed and will vary depending upon your investments and market experience. Assumptions do not include fees and expenses. If fees were reflected, the return would be less.
Federal income tax laws are complex and subject to change. The information in this tool is based on current interpretations of the law and is not guaranteed. Neither Nationwide® nor its representatives give financial, legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
Nationwide Investment Services Corporation, member FINRA.
Nationwide and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. ©2014 NRE-0608AO

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Contact Us

City Hall
200 E. Wells Street
Room 404
Milwaukee, WI 53202  


Executive Director

Margaret C. Daun

Phone: 414-286-5541

Administrative Assistant

Elaine Bieszk

Phone: 414-286-5541