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403(b) Retirement Plans
STOP CONTRIBUTIONS AS NEEDED
We understand that participants may need to stop contributions from time to time. Your deferrals to the 403(b) or
457(b) Plan are completely voluntary. You are not under any obligation to continue making contributions to the
Plan.
If a situation arises where you need to stop contributions you can do so at any time, just takes one step:
1.
Fill out and submit a new Salary Amendment Agreement to your benefits or payroll office indicating your
desire to stop your contribution.
PLEASE NOTE: For accurate records and to maintain compliance with State and Federal regulations and your
Plan terms, you must use the Salary Amendment Agreement form to start, make changes or stop deferrals
from your payroll.
ELECTIVE DEFERRAL LIMITS FOR 2017
•
2017 annual elective deferral limits for 403(b) and 457(b): $18,000
•
Age 50+ catch-up: $6,000
•
Special catch-up provisions’: Please consult with a financial services professional
FOR QUESTIONS
Call 1-800-863-9019 and speak with a Benefits Counselor. They will answer your questions, review your options
and enroll you right over the phone, it's that easy!
The Benefit Counselors are available Monday - Thursday 11 am to 7:30 pm and Saturday 8:30 am to 12:00 pm.
Call them when it's convenient for YOU!
Enrollment in the plan is optional.