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Benefits Bulletin: Save more money for retirement!

The IRS announced the 2018 contribution limits for the voluntary retirement plans:

Plan type                                                             Maximum employee contribution during CY 2018

401(k)/403(b) aggregate limit                                            $18,500

457(b)                                                                                $18,500

Catch-up contributions                                                      $6,000 (no change from 2017)

(Age 50+)

For more information on the voluntary supplemental retirement plans, please visit the retirement page of the HR website.