Page 80 - DCAC Feb 2026 Files
P. 80

County of San Mateo Deferred Compensation Program Participant Survey 2026


        294        as long as employed                                                           1/15/2026 5:38 AM
        295        If they held in-person meetings, the person giving the information could answer our questions  1/14/2026 10:30 PM
                   on the spot, which would make us more interested in participating.
        296        Christian Jensen - San Mateo County Probation 1. I am unable to increase or decrease my  1/14/2026 10:28 PM
                   contribution %. 2. I am unable to choose where my money is placed / what funds I contribute
                   to. 3. I am unable to opt out of the mandatory 8% retirement contribution. I really would like to
                   better manage my retirement account. I do not think it is appropriate to force staff to invest
                   into this deferred compensation program and have 0 power on how the plan is being managed.
                   I cannot pick my funds; I cannot pick how much contribution I want to contribute. I would like
                   to have full control over my retirement investments, specifically this 401k. How can we make
                   that happen? I appreciate you response. Christian Jensen cell - 408-425-1993 e-mail:
                   christianj.80@gmail.com
        297        I reached out to the contact listed on the county's website and never heard back. I want to  1/14/2026 10:06 PM
                   understand the difference between the pre-tax contribution and the post tax contribution, and
                   how the money is invested.
        298        I think I’m contributing as much as I can but I’m not aire                    1/14/2026 9:44 PM
        299        I stopped in order to reduce other debt obligations. I may contribute again when my salary  1/14/2026 8:30 PM
                   increases and/or my debt has reduced more.
        300        To hear more information regarding this topic.                                1/14/2026 8:28 PM
        301        An accurate balance of what I will need to contribute monthly for retirement  1/14/2026 7:39 PM

        302        I feel empowered by the information I have at my fingertips - my obstacle is to see how the  1/14/2026 7:37 PM
                   County's programs auguments my current social security and annuities
        303        I'm not sure what more a deferred compensation plan can do. i set aside money from my  1/14/2026 7:34 PM
                   paycheck and it is put into the account to earn interest and eventually i'll pull from it to help
                   with my future retirement. i already contribute to it, but it is not at a level that will change my
                   life when i retire. unfortunately i live paycheck to paycheck and even though i can legally put
                   thousands into the account, i'm pushing it with what little i can contribute. unless the county
                   wants to match my contributions, there isn't much more to discuss.

        304        Discuss investment options, learning more about in-plan conversions and what is best to meet  1/14/2026 7:28 PM
                   family needs
        305        yes                                                                           1/14/2026 7:22 PM

        306        recorded meetings, as i am not able to attend due to schedule conflicts       1/14/2026 6:52 PM
        307        I would like to know how to increase my contributions and to make a monthly budget  1/14/2026 6:34 PM
        308        Having clearer guidance and education about the 457(b) plan would help me feel more informed  1/14/2026 6:24 PM
                   and motivated. I currently have multiple retirement accounts, and it can be confusing to
                   understand how they interact, what benefits the 457(b) offers, and how to manage them
                   effectively.
        309        I had to stop participating because we lost health insurance coverage through my spouse's  1/14/2026 6:23 PM
                   employer, and I had to pick up health insurance for the family. I am planning to participate
                   again if my spouse takes a new job with insurance.

        310        If I had extra money I would.                                                 1/14/2026 6:21 PM
        311        You need to have a significant amount of extra income to contribute to the plan. Contributing  1/14/2026 6:02 PM
                   the bare minimum is often the only option if any.

        312        More information targeted to my position with the advantages and disadvantages explained.  1/14/2026 5:57 PM
        313        More information                                                              1/14/2026 5:50 PM
        314        Would like to know if there other vehicle we can invest within the 457 plan   1/14/2026 5:34 PM
        315        I don't need more information or motivation, I'm planning to continue to participate in the 457(b)  1/14/2026 5:24 PM
                   plan
        316        I have a few accounts and it makes me nervous to have so many. I'm thinking of rolling my  1/14/2026 5:24 PM


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