IRS Limit on Pay

MMA 401(k) Savings & Investment Plan

The Plan at a Glance

Participating in the Plan

How the Plan Works

Your Contributions

Your Contribution Amounts

Effect on Other Benefits

Eligible Base Pay for Determining MMA 401(k) Savings & Investment Plan Contributions

IRS Limit on Pay

Maximum Contributions

Minimum Contributions

Catch-up Contributions

Roth 401(k) Contributions

Rollovers into the Plan

In-Plan Roth Conversions

Company Matching Contributions

Investing Your Account Balance

Dividends on Marsh & McLennan Companies Shares and Stock Voting Rights

In-Service Withdrawals

Financial Hardship Withdrawals

Leaving the Company

How Benefits Are Paid

When Benefits Are Paid

Applying for Benefit

Rollovers Out of the Plan

How Benefits Are Taxed

In Case of Divorce

In Case of Your Death

Account Information

MMC Benefits Handbook

IRS Limit on Pay

The IRS limit on annual eligible base pay that can be taken into account for employee contributions to the Plan is $350,000 for 2025. This number may increase in the future if the IRS announces cost of living adjustments.

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