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You and your employer can contribution 100% of your cash compensation not to exceed $49,000 for 2010 to the Defined Contribution (Supplemental) Plan. Your part of that contribution is as follows:
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Maximum Voluntary Contribution |
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Catch up contribution (Over age 50) |
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Total |
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In addition ministers who have more than 15 years of full-time ministry can contribute an addition $3,000 per year up to a life-time maximum of $15,000.
Please contact Jackie Shimmin or Steve Schultz at 847-879-3240 with any questions you may have regarding these Deferral Limits.
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Last Updated ( Monday, 04 January 2010 )
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