Current Annual Rate of Return for the Fourth Quarter of 2016 (January 1, 2016)
South Carolina Stable Value Fund Annual Rate of Return: 2.30%
IRS Announces 2016 Contribution Limits
The Internal Revenue Service (IRS) announced the cost-of-living adjustments to retirement plan contributions for tax year 2016. Highlights include the following:
- The limit on elective deferrals, including pre-tax and Roth contributions for governmental 457(b) plans, remains at $18,000 for 2016.
- The age 50 catch-up limit for people age 50 and above for governmental 457(b) plans remains at $6,000 for 2016.
- The special catch-up limit in governmental 457(b) plans for participants in the three years prior to normal retirement age (as specified by the plan) remains at $18,000 for 2016.
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 2016 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)