Benefit Connections    FAQ
How much can I contribute?

  • Hourly Thrift Plan - You may elect to contribute between 1% and 30% of your eligible pay on a pre-tax and after tax basis combined up to the annual IRS dollar limits.
  • Salaried RASP Plan - You may elect to contribute between 3% and 50% of your eligible pay on a pre-tax and after tax basis combined up to the annual IRS dollar limits.
  • Hourly Thrift Plan or Salaried RASP Plan - If you are age 50 or older during the Plan Year, you may also elect to make pre-tax Catch-Up contributions. These pre-tax contributions are in addition to the IRS annual maximum limit for regular pre-tax contributions and these contributions DO NOT reduce the maximum amount of regular pre-tax contributions that can be made by participants on an annual basis. You can contribute on a pre-tax basis between 1% and 20% of your eligible pay up to the annual IRS dollar limit for Catch-Up. Catch-Up contributions are not eligible for Company Matching.