[Englecturers] FW: [Staff] 403(b) and 457(b) Plan Contribution Limits for 2008
Susan Brown
susan.brown at ucr.edu
Tue Nov 27 08:40:23 PST 2007
November 26, 2007
To: All Employees
From: Benefits Office
Re: 403(b) and 457(b) Plan Contribution Limits for 2008
Please Post/Circulate
If you are enrolled in the University's 403(b) or 457(b) Deferred
Compensation Plans or plan to enroll, the maximum contributions to these
plans will remain the same as 2007 and the limits are:
* $15,500, if you are under age 50 as of 12/31/08
* $20,500, if you are age 50 or over as of 12/31/08
You may want to review your contribution strategy to ensure it will meet
your needs in 2008. If you decide to increase, decrease, start or stop your
contributions to the 403(b) or 457(b) plans, please call Fidelity at
866-682-7787 toll free or access your account online at the following URL:
<http://netbenefits.com/> http://netbenefits.com
While you can make changes throughout the year, for any new contributions
deducted from your January paycheck, you must make your change by 5:00 P.M.,
December 17th for the 403(b) plan and by 5:00 P.M., November 30th for the
457(b) plan. These are also the general cutoff dates for the other months
of the year.
For further questions, please call the Benefits Office at X24766.
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