Catch-up provisions allow State of Missouri Deferred Compensation Plan participants to save beyond the maximum annual deferral limits established by the IRS.There are two catch-up options for Plan participants; however, they may not be used concurrently.

Age 50 and Over Catch-up Provision
This option allows participants who are age 50 or older by December 31 of the current year to defer up to $5,500* beyond the maximum annual deferral of $17,000*.

The Pre-Retirement Catch-up Provision
This provision may be used in one or more of the three calendar years before reaching "normal retirement age." This option allows eligible participants to defer up to $34,000* (twice the maximum deferral) for the year. To find out if you are eligible for this catch-up, please call the State of Missouri Deferred Compensation Plan Information Line at 1-800-392-0925.

*Contribution amounts reflect 2012 tax year limits.