Deferred Compensation Contribution Amounts for 2017

The Deferred Compensation Plan maximum amounts that can be contributed for 2017 is as follows:

  • The base maximum contribution is $18,000.
  • Participants are allowed to contribute an additional $6,000 in the years they turn age 50 or greater for an annual maximum of $24,000. This represents the annual allowable of $18,000 plus the additional $6,000.
  • The catch-up maximum is $36,000. This represents double the annual maximum of $18,000.

For more information, please email the Deferred Compensation Specialist.

Revised 6/2017