Mpera Directions 2001 Dec
Mpera Directions 2001 Dec
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Regular Catch-up Contributions: Catch- up contributions during the three years prior to normal retire- ment age is to be increased from $15,000 to twice the applicable dollar limit. (See above for the applicable dollar limit.) Additional Catch- up Contributions: Beginning in 2002, individuals, age 50 and older, will be able to make additional catch- up contri- butions except during the three years prior to normal retirement age when regular catch- up contri- butions are being made. (See above f...or regular catch- up contri- butions.) Coordination with Other Plans: Deferrals to other types of volun- tary supplemental tax favored plans no longer reduce the amount that can be contributed to the 457 Plan.
Rollovers The EGTRRA opens many possi- bilities regarding the rollover of funds between retirement plans.
This increases the opportunities for members, surviving spouses, and alternate payees to consoli- date and manage assets.
Participants may roll over tax- deferred money from other eligi- ble employer retirement plans and IRAs to the 457 Plan.
What to read after Mpera Directions 2001 Dec?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Regular Catch-up Contributions: Catch- up contributions during the three years prior to normal retire- ment age is to be increased from $15,000 to twice the applicable dollar limit. (See above for the applicable dollar limit.) Additional Catch- up Contributions: Beginning in 2002, individuals, age 50 and older, will be able to make additional catch- up contri- butions except during the three years prior to normal retirement age when regular catch- up contri- butions are being made. (See above f...or regular catch- up contri- butions.) Coordination with Other Plans: Deferrals to other types of volun- tary supplemental tax favored plans no longer reduce the amount that can be contributed to the 457 Plan.
Rollovers The EGTRRA opens many possi- bilities regarding the rollover of funds between retirement plans.
This increases the opportunities for members, surviving spouses, and alternate payees to consoli- date and manage assets.
Participants may roll over tax- deferred money from other eligi- ble employer retirement plans and IRAs to the 457 Plan.
What to read after Mpera Directions 2001 Dec?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
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