Contribution limits for 403(b) retirement plans will increase from $18,000 to $18,500 for 2018 ($24,000 to $24,500 for employees age 50 and older).

If you want to increase your voluntary contribution for 2018 (or 2017 if you aren’t already at the max), complete and return a new salary reduction agreement. You can find the agreement on the benefits website: (under the Retirement tab, then Retirement Forms & Notices).

Posted by for the November 28, 2017 digest.

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