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Avoid IRS penalties!

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Eric SchwartzWatch your contribution limits…it’s year end! Contribution limits for 403(b) accounts are $17,500 for 2014; however, employees age 50 and older can contribute an additional $5,500 for a total of $23,000 per year. It’s up to the participant (not the employer) to pay attention to limits.

Give us a call at 1-800-279-4030 if you need assistance.

Eric Schwartz, Financial Planning Specialist