All 403(b) Current Participants
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Please review your 10/22 pay stub and look at your YTD contribution for the 403(b) Plan. The codes are 404, 408 or 415.
The annual limit is $17,500 for most participants. Now is the time to evaluate if you want to increase your deductions for the remaining payrolls of the year.
If you are over 50 and/or have more than 15 years service, remember that you are eligible for additional catch-up contributions in the amounts of $5,500 and $3,000, respectively. Please call me at 792-7194 if you need to discuss your situation.
If you need to make any changes, please see the link below for the Salary Reduction Agreement.
Any changes for the 11/5 payroll must be submitted to the HR Office in Utica by close of business Thursday, Oct 23.