To change the amount of your contributions, complete the RIC 403b Salary Reduction Form. For more information about RIC, click here.
Year | 2023 | 2024 | |
---|---|---|---|
Regular | Lesser of 100% of compensation* or: | $22,500 | $23,000 |
Age 50+ | Regular limit plus 50+ catch-up | $30,000 | $30,500 |
15-Yr Catch-Up** | Regular limit + $3,000 (must be employed w/current employer 15+ yrs & meet other eligibility rules) | $25,500 | $26,000 |
Total EE | Combined maximum if eligible for Age 50+ & 15-Yr Catch-Up limits | $33,000 | $33,500 |
Total EE+ER*** | Maximum of employer & employee combined contributions | $66,000 | $69,000 |