NEW Defined Contribution 402(g) Limits for 2007
Below are the new Defined Contribution Limits as determined by the Internal Revenue Service (IRS) for the upcoming New Year:
Annual Maximum - $15,500
Age 50 or older- $5,000
Catch-up (15 years or more of service) - $3,000
Please contact the Benefits Office at 2-5550 with questions.