Change Vendor. Stop current contributions to and send future contributions to the vendor(s) specified below. (Enter all elected vendors and the corresponding amounts for your future contributions in the section below.) *Part II must be completed before form will be processed. Deferral Limit - If you are under age 50 as of December 31, 2024, the maximum annual deferral is $23,000. If you are age 50 or older as of December 31, 2024, the maximum annual deferral is $30,500 for 2024 ($23,000 general limit increased by $7,500 catch-up limit). Forms will not be processed without employee's signature. PART II.β
Appears in 2 contracts
Sources: Salary Reduction Agreement, Salary Reduction Agreement