C I T Y O F Los AngelesD E F E R R E D C O M P E N S A T I O N P L A N

Annual contribution limits for 2017:

Participant Services(888) 457-9460

Websitewww.cityofla457.com

In-Person: 8:00 a.m. - 4:00 p.m., Monday - Friday200 N. Spring Street, Room 867, Los Angeles, CA 90012

Below Age 50

Age 50 or Older

Catch-Up

$18,000

$24,000

$36,000

Deferred Compensation Plan – Contact Us

If you’re contributing less than the maximum you’re eligible to contribute, now is the perfect time to consider an increase. Even small increases (for example, an additional $25 per pay period) can have a significant impact on your account balance over time. To see how an increase might help build your retirement income security, please try our “Project My Retirement Income” calculator tool on the Plan website.*

Remember, you now have two tax-advantaged ways to save: pre-tax, after-tax, or a combination of both. Pre-tax savings provide a tax advantage at the time of contribution, with taxes paid upon distribution. After-tax savings (also known as our Roth option) provide a tax advantage at the time of distribution, with no taxes paid on any account earnings (if the account is held for at least five years and you’re at least age 59½).

* The Project My Retirement Income Calculator tool has been developed for the City of Los Angeles Deferred Compensation Plan by a third-party vendor. Neither Great-West Life & Annuity Insurance Company nor any of its subsidiaries and/or affiliates have reviewed or approved this tool or are responsible for the calculations or for providing updates with respect to the tool.

The Age 50 or Older Catch-Up provision and the additional Catch-Up provision cannot be used in the same calendar year.

2017 Limit Below Age 50 ($18,000) Age 50 or Older ($24,000) Catch-Up ($36,000)

Per paycheck amount to reach 2017 limit,applies only for contributions starting 01/4/17

$720 per paycheck $960 per paycheck $1,440 per paycheck

2017 Annual Contribution Limits

This communication was created by and is being provided at the request of your Plan Sponsor. Neither Great-West Life & Annuity Insurance Company nor any of its subsidiaries or affiliates have reviewed or approved these materials or are responsible for the materials or for providing updated information with respect to the materials. Form CB1003CLF AM83380-1216

NOTES: 1. Contribution limits allow participants to contribute up to their applicable limit. Any contributions elected by participants that may exceed these limits will be rejected. 2. Special enrollment is required to contribute up to the $36,000 catch-up limit. Please contact Deferred Compensation for forms.3. To reach the maximum contributions over 25 pay periods, the following deduction amounts apply when starting with the first paycheck of January 2017:

Project My Retirement Income

To make a change to your contribution amount or to request an automatic annual contribution increase, you can either call (888) 457-9460 or sign in to your online account at www.cityofla457.com.