Western States 401k Overview
 
  Types of Contributions
 
 

 
  Employee Contributions
 

You may make 401k elective wage deferral contributions equal to the lesser of 100% of your earnings or your earninggs or the annual deferral limit as listed below:

  • $16,500 in 2010

  • $16,500 in 2011

  • $17,000 in 2012

  • $17,500 in 2013
 
  Employer Contributions
  Employer contributions are based on your collective bargaining or special agreement.
 
  Catch-up Contributions
 

If you are over age 50 by the end of any calendar year, you may make 'catch-up' contributions on a pre-tax basis. The annual 'catch-up' contribution limits are listed below:

  • $5,500 in 2010

  • $5,500 in 2011

  • $5,500 in 2012

  • $5,500 in 2013

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