The IRS recently announced changes to retirement plan contribution limits for the 2015 calendar year. See the guide below for plan types and amounts.
Plan Type Maximum Employee Contribution during CY 2015
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 TIAA-CREF and/or Fidelity, please submit an updated supplemental retirement annuity deduction form AND salary deferral agreement to HR-Benefits. These forms are available on the HR-Benefits website by clicking on the link below.
http://www.towson.edu/adminfinance/hr/benefits/summaries.asp
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.
The advising schedule for all three plans can be accessed at: http://www.towson.edu/adminfinance/hr/benefits/documents/Spring2015Retirementschedule.pdf
If you have questions about your supplemental retirement account, contact your plan representative below.
TIAA-CREF
Sara Thomas
skthomas@tiaa-cref.org
410-578-2225
FIDELITY
Chris Barnes
Christopher.barnes@fmr.com
410-713-8359
NATIONWIDE
Jayson Myers
Myerj4@nationwide.com
1-800-966-6355, ext. 576
