What exactly is compounding interest? How does it work? And why should you care about it? In this episode of Closing the Gap, Kate Kuse – a financial education professional for the MO Deferred Comp Plan – does a deep dive into this topic and answers common questions about one of the most powerful tools in personal finance—compounding interest.

Cindy Rehmeier, Manager of Defined Contribution Plans for MOSERS, relives the complexities of transitioning the MO Deferred Comp Plan from the Office of Administration to the Missouri State Employees' Retirement System. Plus, she talks about numerous changes the plan has underwent over the years.

In this episode of the Closing the Gap Podcast, Tammara Carter – a financial education professional for the MO Deferred Comp Plan – discusses education opportunities state employees have through the MO Deferred Comp Plan.

Cybersecurity professional Chad Spitters weighs in on cybersecurity best practices and ways to keep your retirement assets, self, and loved ones safe from hackers.

Do you have questions about Roth? In this episode, Don Wilson – Senior Financial Education Professional with the deferred comp plan – answers several frequently asked participant questions regarding Roth. In addition, we learn a little more about Don and how he got started in the finance industry.

In this episode, we discuss the ins and outs of the state matching incentive.

In our kickoff episode, we want to lay the foundation for what the Closing the Gap podcast is all about, give you a very high-level, but thorough overview of the MO Deferred Comp Pan and why it’s important, plus a little more!