Forms, Investment Funds and IRS Limits

Annual Contribution Calculation Form - for all contributing participants to be completed each year and returned to the ACC Office by email, mail or fax by November 30
Salary Deferral Form--to be turned into your payroll department for salary deferral authorization
ACC Retirement Plan Full Enrollment Guide - for all participants, congregations and financial advisors; includes investment options and commonly asked questions

IRS Contribution limits

Section 415 of the Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. Section 415(d) requires that the Secretary of the Treasury annually adjust these limits for cost‑of‑living increases. Other limitations applicable to deferred compensation plans are also affected by these adjustments under Section 415. Under Section 415(d), the adjustments are to be made pursuant to adjustment procedures which are similar to those used to adjust benefit amounts under Section 215(i)(2)(A) of the Social Security Act.

Should you choose to exceed the limits the excess will be deposited into your non-qualified Supplemental Plan account.

Annual Limits

Retirement Plan Limits 2025

The limitation on the annual benefit under a defined benefit plan under section 415(b)(1)(A) of the Code is increased from $265,000 to $275,000.

If you are under 50 years of age:

The IRS limit for Elective Deferral or Salary Deferral Contributions is $23,500 or 100% of the participant's taxable compensation*, whichever is less.

The Annual Maximum Employer Contribution IRS limit is $70,000 and may include up to $23,500 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

Those aged 50 years of age and older:

You can contribute a Catch-up Contribution of $7,500 above the IRS Salary Deferral limit bringing the limit to $31,000 or 100% of the participant's taxable compensation*, whichever is less.                  

The Annual Maximum Employer Contribution limit is $77,000 and may include up to $31,000 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

For participants aged 60-63:

You can contribution a Catch-up contribution of $11,250 above the IRS Salary Deferral limit, bringing the limit to $34,750 or 100% of the participant's taxable compensation*, whichever is less. 

The Annual Maximum Employer Contribution limit is $80,250 and may include up to $34,750 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.                  

*Taxable compensation excludes parsonage.

Retiree Forms

Mandatory Distribution Form (MRD)

Supplemental Plan Distribution Deferral Election

Retiring mid-year? Contact the ACC Office especially if you have not reached age 65 and wish to take parsonage as a retiree from the plan this year. First distributions can take up to 4 weeks to complete.