The IRS recently announced there are no changes to the retirement plan contribution limits for the 2016 calendar year. See the guide below for plan types and amounts which remain in effect next year.
Plan Type Maximum Employee Contribution during CY 2016
401(k)/403(b) aggregate limit $18,000
457(b) $18,000
Catch-up contributions $ 6,000
(Age 50+)
If you wish to make changes to your contribution amount and you are enrolled in Fidelity and/or TIAA-CREF, please submit an updated supplemental enrollment and change form to HR-Benefits. These forms are available in the retirement section of the benefits web page.
If you wish to make changes to your contribution amount and you are enrolled in Nationwide, please contact the plan directly at 1-800-966-6355.
If you have questions about your supplemental retirement account, contact your plan representative below.
FIDELITY
Chris Barnes
410-713-8359
NATIONWIDE
Jayson Myers
1-800-966-6355, ext. 576
TIAA-CREF
Sara Thomas
410-578-2225
