ICMA-RC • P.O. Box 96220 • Washington, DC 20090-6220 • Toll Free 800-669-7400 • www.icmarc.org • Fax 202-682-6439
40110-1118-12 | 1
Use the enclosed form to declare your Normal Retirement Age (NRA) and initiate pre-retirement catch-up contributions to your current
employer’s 457 deferred compensation plan. We encourage you to read the instructions prior to submitting your request.
457 PLAN CATCH-UP PROVISIONS
1. Pre-Retirement Catch-Up — Allows eligible participants
to contribute an additional amount over the regular
deferral limit in eect for the year (up to double the
regular limit), to make up for years in which they did not
contribute the maximum amount they were eligible to
contribute under their current employer’s plan. To take
advantage of this provision:
• Complete the enclosed Pre-Retirement Catch-Up Form.
• Submit the completed form to your employer
2. Age 50 Catch-Up — Allows participants who attain age
50 (or older) during the year to contribute an additional
amount over the regular deferral limit in eect for the year.
To take advantage of this provision:
• Complete the Contribution Change Form (available
online at www.icmarc.org/forms).
• Submit the completed form to your employer.
Please note that the “Age 50” and “Pre-Retirement” catch-up
provisions may not both be used in the same calendar year.
e information in this section is intended to provide you with
more detailed information related to the pre-retirement catch-
Eligibility — Pre-Retirement Catch-Up
You are eligible to make pre-retirement catch-up contributions
if all of the following are true:
1. You are within three years of reaching the normal
retirement age under the plan, which must be at least the
age you are eligible to retire with unreduced retirement
benets from your employer’s pension plan.
2. You are currently employed and participating in your
employer’s 457 deferred compensation plan.
3. You did not contribute the maximum amount you were
eligible to contribute for one or more years since 1979.
Maximum Pre-Retirement Catch-Up Contribution Amount
e maximum annual total contribution is equal to double
the normal deferral limit in eect for the year. You must have
sucient unused deferrals to contribute the maximum amount.
457 Plan Contribution Limit 2019 2018
Annual Deferrals $19,000 $18,500
“Age 50” Catch-Up
* All contribution limits apply to the combination of pre-tax and Roth
Declaration of Normal Retirement Age
You can only make pre-retirement catch-up contributions in
the three years immediately preceding the year of your declared
normal retirement age. e year of your declared NRA can
be any year during or after which you are eligible to receive
unreduced benets from your employer’s pension plan (or a
money purchase pension plan in which you also participate if
you are not eligible to participate in a dened benet plan), but
cannot be later than the year that you attain age 70½.
Unless an alternate NRA is specied by your employer, the
ICMA-RC 457 plan uses age 70½ as your NRA.
Your declaration of NRA is irrevocable once you begin making
pre-retirement catch-up contributions.
Qualied Police Ofcers and Fireghters
Under a special rule, qualied police ocers and reghters
can designate a normal retirement age earlier than other plan
participants, but not earlier than age 40.
is special rule is available to a “qualied police or reghter” as dened
under section 415(b)(2)(h)(ii)(I) of the Internal Revenue Code as a
participant with “…at least 15 years of service…as a full time employee of
any police or re department which is organized by the State or political
subdivision to provide police protection, reghting services, or emergency
medical services for any area within the jurisdiction of such State or political
PRE-RETIREMENT CATCH-UP FORM
457 DEFERRED COMPENSATION PLANS