4th Quarter 2019

Around ICMA-RC

2020 Retirement Plan Limits
The 457 plan contribution limits increased by $500 to $19,500 ($26,000 if age 50 or over) for 2020. For details, including limits for 401 and 403(b) plans and IRAs, visit www.icmarc.org/contributionlimits.

Scholarship Fund
The ICMA-RC Public Employee Memorial Scholarship Fund helps children and spouses of public sector employees who have died in the line of duty. Applications are accepted from Dec. 15–March 15. For details, visit www.icmarc.org/scholarship.

New Checklist and Services Sign-up Options
When you log in to your account, you’ll see an enhanced Overview page with a new checklist of important reminders, including confirming contact details such as your address, mobile phone number, and email. You’ll also be prompted to review yourbeneficiaries and consider rebalancing your account. Also, if there are services you have not yet signed up for but may want to add, such as Account Aggregation, TextAccess, and e-Delivery, you’ll see reminders to sign up. Log in to review your account or make updates at www.icmarc.org/login.

America Saves Week
Feb. 24–29, 2020, take stock of your financial goals and focus on good savings behavior. Check out the resources available to help you save for your future. Visit www.americasavesweek.org.

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