Please review the year to date (YTD) contribution on your 11/5/14 paystub for the 403(b) Plan to ensure that the amount you want withheld for 2014 will be deducted by the end of this payroll year.

There was a change in the number of payrolls from 2013 to 2014 that may prevent you from meeting your desired goal amount for this year.

If you'd like to make a change, please contact me at ext. 7194 so I may assist you in completing a new Salary Reduction Agreement to adjust your contributions for the remaining paychecks in order to meet your annual goal.

If you are age 50 or older by the end of 2014, please remember that you are eligible for additional catch-up contributions in the amount of $5,500, for a total maximum limit of $23,000.

If you have at least 15 years service, you may be eligible for additional catch-up contributions in the amount of $3,000.  In order to check your eligibility for an additional catch-up contribution based on service years, please contact your 403b retirement insurance carrier.