The IRS just announced an increase in the individual contribution limit under 403(b) plans. The limit increases from $18,500 to $19,000 for 2019. The ‘over 50 catch-up’ limit remains at $6,000.

If you want to increase your voluntary retirement contributions under the TDA for 2019, you may request a form now from HR (just be sure to date it 1/1/19).

Posted by lmozingo@coloradocollege.edu for the November 7, 2018 digest.

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