Teammate Handbook Cover

Deferred Compensation

ICMA RC | Empower Retirement

2021 Retirement Savings Plan Contribution Limits

Normal Limit

“Age 50” Catch-up Limit

“Pre-Retirement” Catch-up Limit

$19,500

$6,500

$39,000

Deferred Compensation Representatives

ICMA Employer Plan Number: 302053 Employer Plan Name: City of Morgan Hill Representative Ray Ortiz | Retirement Plans Specialist (888) 883-8571 rortiz@icmarc.org

Empower Retirement (Mass Mutual) Employer Plan Number: 107683 Employer Plan Name: City of Morgan Hill Representative Rick Luerra | Client Relationship Manager 860-835-8274 direct | 408-318-1071 mobile Richard.Luerra@empower-retirement.com