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2017 Contribution Limits Remain Unchanged


The 2017 annual contribution limits for employees who participate in the MNDCP 457(b) plan, a 403(b) plan, or a 401(k) plan will remain the same as the 2016 limits.
 

2017 Annual Maximum Contribution Limits

Participant Age

Maximum Limit

Under Age 50

$18,000

Age 50 & Over

$24,000

Catch-Up Provision*

$36,000


*The Catch-Up Provision of the Internal Revenue Code allows a participant under certain  circumstances to contribute up to $36,000 to their account in 2017 if they are within  three years of normal retirement age. For more information, call the MSRS Service Center.


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