Current Annual Rates of Return for the Fourth Quarter of 2014 (as of October 1, 2014)
South Carolina Stable Value Fund Annual Rate of Return:
84-Month Certificate Fund Annual Rate of Return: 1.75%
IRS Announces 2015 Contribution Limits
The Internal Revenue Service (IRS) announced the cost-of-living adjustments to retirement plan contributions for tax year 2015. Highlights include the following:
- The limit on elective deferrals, including pre-tax and Roth contributions, into 401(k) and governmental 457(b) plans is increased from $17,500 to $18,000.
- The age 50 catch-up amount for participants in 401(k) and governmental 457(b) plans aged 50 and above is increased from $5,500 to $6,000.
- The special catch-up limit for participants age 50 or over in governmental 457(b) plans increased from $17,500 to $18,000.
Please note that age 50 catch up and special catch up may not be used together in the same calendar year.
Visit the IRS website for more information on 2015 retirement plan contribution limits.
Do Low Fees Really Make a Difference?
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Important share class change, September 6, 2013
These changes will update the share class of the investment options referenced but will not affect the underlying investments. Read More.
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GWFS Equities, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company.
Securities available through Schwab Personal Choice Retirement Account® (PCRA) are offered through Charles Schwab & Co., Inc. (Member SIPC), a registered broker-dealer. Additional information can be obtained by calling (888) 393-7272. Charles Schwab & Co., Inc. and GWFS Equities, Inc. are separate and unaffiliated.
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PT185848 (01/2014), PT175421 (06/2013)