Special News: New Websites Coming Soon!
Great news! CDM has been working for months on a significant upgrade to our recordkeeping platform that will provide many system enhancements including a new Plan Sponsor and new Participant website. The new Participant website will be very robust, and include a retirement monthly income projector, an in-depth retirement analysis tool, and “SmartPlan”- a series of step-by-step interactive videos designed to engage the participants in both the enrollment process and ongoing plan maintenance. The videos will be offered in both English and Spanish. The Plan Sponsor website will also undergo a significant refresh. We anticipate being ready to offer these new enhancements in June. Stay tuned. More information to follow!
Who is CDM?
CDM Retirement Consultants, Inc., located in Towson, Maryland, is a leading provider of open architecture retirement plan solutions designed to meet the needs of plan sponsors and their participants. CDM is proud to be nationally recognized as one of the leading 401(k)/403(b) providers in the mid-Atlantic region. As your retirement plan services provider, our objective is to provide you with exceptional service and resources to help you reach your retirement goals.
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Take advantage of the retirement calculator provided through access to your retirement plan account– make sure you’re on the right track! Login to your account to use this feature.
Start Contributing Today
Just less than half of working-age Americans (45%) own any retirement assets at all, be it a 401(k)-type plan or an IRA.
For those who do not have a retirement plan or IRA account balance, the median amount saved is just $6,300*. Your retirement plan is a powerful tool for saving for the future. Congratulations on your smart decision to invest in your retirement plan!
*As presented by the National Institute on Retirement Security: June, 2013
Retirement Plan Contribution Limit for 2018
- Salary Deferral Limit: $18,500
- Additional “Catch Up” Contribution Limit (for individuals age 50 or older): $6,000
- Annual Contribution Limit (combinations of salary deferrals and employer contributions): $55,000
- Annual Compensation Limit (maximum compensation used when determining contributions): $275,000