Understanding Walmart's New DCMP Options
Get Connected
Explore the Expanding Power of Walmart's DCMP Plan
Walmart's executive Deferred Compensation Matching Plan or "DCMP" is a powerful executive benefit and valuable financial planning tool to assist Walmart Officers and Senior Directors (88 & 89 designations) to defer immediate taxes and plan a tax advantaged post separation income strategy.
Walmart's DCMP plan has gone through several iterations and a couple of name changes through the years. Taking over from the Newport group, Fidelity is the current plan record keeper. Historically the Walmart deferred compensation plan provided a single fixed income return option on elected deferred income. The credited interest rate is calculated annually based on a benchmark rate.
The annual fixed income option has been the only investment option available until now. On November 7 of this year, significant changes were announced to the investment selection options available to plan participants.
DCMP participation provisions vary by role; however, every participant can customize a variety of participation options, now including investment selections, to meet their individual goals and objectives and fit their personal circumstances.
Understanding the new options available and evaluating planning scenarios for aggregate tax benefits and future income needs is a critical part of this year's annual deferred income election process.
This year, plan participants, including those already separated from service, can elect to make a one time adjustment in their plans investment mix. Now, more than ever, it is important to connect with a licensed, experienced investment advisor with experience in using Walmart's DCMP as part of a holistic financial plan prior to making annual elections.
Enter your email below and WalmartDCMP.com will connect you with a licensed investment advisor, experienced in Walmart's deferred compensation plan to review the new investment options with you and explore tax efficient planning scenarios for your personal circumstances at no cost and with no future commitment.
This year's deferred income election window opens on December 1 and closes on December 31. Now is the time to get connected!