What are the investment options in LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST?

MyPlanIQ tracks the investment lineup for LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST on its investment options page: https://www.myplaniq.com/invest/planinvestments/lansing-local-826-glaziers-restated-money-purchas-e-pension-trust/

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Q: What is LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST's employer match?

In 2022, LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST reported $1,154,003 in employer contributions.

Q: How many participants are in LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST?

At the end of 2022, LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST reported 208 plan participants.

Q: What are LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST's total assets?

At the end of 2022, LANSING LOCAL 826 GLAZIER'S RESTATED MONEY PURCHAS E PENSION TRUST reported total plan assets of $28,432,609.

LANSING LOCAL 826 GLAZIER’S RESTATED MONEY PURCHAS E PENSION TRUST

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LANSING LOCAL 826 GLAZIER’S RESTATED MONEY PURCHAS E PENSION TRUST Average Participant Retirement Account Value

In 2022, the average participant retirement account value for LANSING LOCAL 826 GLAZIER’S RESTATED MONEY PURCHAS E PENSION TRUST is $136,695.00

2023 & 2024 401(k) contribution limits by IRS

	Pretax and roth employee contributions	Employee and employer contributions combined	Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over)
401(k) contribution limit for 2023	$22,500	$66,000	$7,500
401(k) contribution limit for 2024	$23,000	$69,000	$7,500

$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.

$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!

Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.

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