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 the annual deferral limit as listed below:

  • $15,000 in 2006

  • $15,500 in 2007

  • $15,500 in 2008
 
  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:

  • $5,000 in 2006

  • $5,000 in 2007

  • $5,000 in 2008

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  All information provided on this web site is in summary and intended to provide highlights of your retirement plan only. We strongly recommend  referring to your Summary Plan Description or the Trust Document for complete details before making any decisions related to your benefits.