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2013 Retirement Contribution Limits

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For calendar year 2013, the IRS has increased the maximum contribution amounts for 403 (b) retirement plans.  The limit is $17,500 for employees up to and including age 49; $23,000 for employees age 50 and older.   Employees may make changes to retirement elections at any time throughout the year.  Instructions for Banner Self-Service and additional information regarding 2013 retirement limits may be found on the HR Web site. 

 

Posted by Michelle_2 at 10/19/2012 11:28 AM

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