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The Internal Revenue Service has announced the Tax Year 2010 contribution limits for pension plans. Now’s a good time to review your budget, and see how much you can save next year. The more money you put in your 403(b) Smart Account, the lower your taxable salary, the less tax you pay, and the faster your savings will grow.

See what the limits are here.

Growth of $1 in your YMCA Retirement Fund Accounts
1 Year
3 Years
5 Years
Average Annualized Rates of Return for Periods Ended October 31, 2009
1 Year 3 Years 5 Years
YRF Account 2.44%
7.72% 8.92%
65/35 Blend 12.53%
-2.08% 2.53%
 YMCA Retirement Fund Account      65% Stocks / 35% Bonds
The blended return represents a 65% weighting in stocks and 35% in bonds. Stocks use the Russell 3000 index, or the total US stock market. Bonds use the Barclays Capital Aggregate which measures the return for domestic bonds.

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