Age-Based Catch-Up Contributions Clause Samples
Age-Based Catch-Up Contributions. In addition to any other limit set forth in this section, a Participant who will attain age 50 in the calendar year may contribute an additional $5,000 as adjusted for cost-of- living increases in accordance with Code Section 414(v)(2)(C). The Age-Based Catch-Up limitation for the 2011 and 2012 calendar years is $5,500.
