Employment Benefits

  1. BENEFITS
  2. OPEN ENROLLMENT

Additional Resources and Information:

Medical

Dental

Vision

Group Life Insurance

Deferred Compensation

DEFERRED COMPENSATION is a voluntary savings program that allows you to defer any amount, subject to annual limits, from your paycheck on a pre-tax basis. In addition, your contributions and their earnings, if any, can benefit from the power of tax-deferred compounding. What this means is that you don't pay income taxes on your investments or earnings until you start to take withdrawals, usually in retirement.



2022 ANNUAL LIMIT

PER PAY PERIOD AMOUNT

CONTRIBUTION LIMIT$20,500.00$854.17
AGE 50 & OVER LIMIT$27,000.00$1,125.00
SPECIAL CATCH-UP$41,000.00$1,708.34

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