people talking with retirement financial advisor

Limits on retirement contributions increase in 2018

The IRS has announced calendar year limits on retirement contributions, which increase in 2018. Faculty and staff can contribute toward their retirement savings on a pre-tax or Roth basis through payroll deduction.

All participants can contribute up to $18,500. Participants age 50 or older in 2018 can contribute up to an additional $6,000. Contact the Human Resources Service Center at 368.6781 or with questions.