Nys Deferred Compensation Limit 2025 Increase . NYS Deferred Compensation Retirement Planning Guide! FinFlicker You can contribute an additional $7,500 through the Age 50 and Over Catch-Up in 2024 This is in addition to the 2024 regular maximum deferral of $23,000 for a total of $30,500
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What is the New York State Deferred Compensation Plan Also known as a 457(b) plan Automatic contributions for hassle-free investing; can change anytime Your contributions can be pre-tax or Roth Opportunity for tax-deferred growth or tax-free withdrawals Investing involves market risk, including possible loss of principal. The regular and Age 50 and Over Catch-Up annual maximums may increase in 2025 Please select ONLY ONE of these two options:
Fillable Online The City of New York Deferred Compensation Plan Fax Email Print pdfFiller You can contribute an additional $7,500 through the Age 50 and Over Catch-Up in 2024 This is in addition to the 2024 regular maximum deferral of $23,000 for a total of $30,500 The catch-up contribution limit that generally applies for employees aged 50 and over remains at $7,500 for 2025 for a combined maximum contribution limit of $31,000 in 2025.
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