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RETIREMENT PLAN CONTRIBUTION LIMITS

January 9, 2024 by Deidre Mings

Review 2024 Plan Type and Limitation increases

Your retirement plan can help you prepare for the future you envision. Pretax contributions to tax-deferred plan can potentially help reduce your current taxable income while saving dollars for retirement that otherwise would have gone to pay taxes.

Review this maximum contribution table, provided by Corebridge financial, and increase your retirement savings.

Corebridge financial, is an approved asset manager for the University’s 403b savings program. Employees may also participate in additional retirement savings through Mo Deferred Comp’s 457b program. Both plan savings options allow for pre-tax or pos-tax savings (or a combination thereof) and are available to both full-time and part-time employees.

Get all HR news, benefits insights, and upcoming professional development opportunities, follow the HR Blog.
Get employee wellness news, follow the wellness blog.

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Filed Under: Employee Benefits Tagged With: 403(b), 457(b), Communication, Corebridge Financial, employee wellness, financial wellness, retirement, savings

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