IN.gov - Skip Navigation

Note: This message is displayed if (1) your browser is not standards-compliant or (2) you have you disabled CSS. Read our Policies for more information.

CLOSE MENU
  • Business & Agriculture
  • Residents
  • Government
  • Education
  • Taxes & Finance
  • Visiting & Playing
  • Family & Health

Indiana Auditor Suzanne Crouch

Amber Alert
Amber Alert - TEST

  • transparency_widget
  • findyourauditor_widget
  • cafr_widget

HoosierSTART.IN.gov

About Hoosier S.T.A.R.T. > 2016 Maximum Annual Contribution Limits for 457(b) Plans 2016 Maximum Annual Contribution Limits for 457(b) Plans

The IRS has maintained the annual contribution limit to $18,000 in 2016.

 
If you're age 50 or older, you can take advantage of Age 50 Catch-Up paycheck contributions. The age 50 Catch-Up limit is $6,000. If you maximize this opportunity, you can contribute up to $24,000 in 2016.

 
If you are at least within 3 calendars years from reaching normal retirement age as defined by your pension, you may be eligible for Special Catch-Up. You may be eligible to contribute up to an additional $18,000 in 2016, for a total of $36,000 in retirement savings.

 Please contact your Hoosier S.T.A.R.T. representative for more details.