IRS INCREASES 403(B) LIMITS TO HELP YOU PREPARE FOR RETIREMENT OR COLLEGE
The IRS has increased the amount an employee is allowed to shelter under a 403(b) or 457 plan to $19,000 in 2019. Also, higher limits may apply if you meet certain catch-up requirements.
Also, all employees can contribute to a 403(b) or 457 retirement account pre-tax. If you have not yet done so and are interested, please contact the Treasurer’s Office for guidance.