Deferred Compensation – Teams

Co-op Account Management

We use NRECA for deferred compensation consulting services. Who should I speak with for an account question?

Homestead Funds is a separate entity from NRECA and supports the cooperative differently.

NRECA’s Deferred Compensation Team is your first stop for plan questions, such as:

  • Who is eligible to contribute to a deferred compensation account?
  • What is the contribution limit this year?
  • Does a participant need to take a Required Minimum Distribution (RMD) from the account?

Homestead Funds can answer account questions, such as:

  • How can a participant make investment allocation changes?
  • We contributed too much money to the account and need to remove money. How do we do that?
  • How do we take a distribution from an account?

 The NRECA Deferred Compensation Team can be reached at 703.907.6375 or by email at deferredcomp@nreca.coop. You can reach a Homestead Funds representative at 800.258.3030, option 3.


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