Per IRS regulations, the 2016 403(b) retirement plan contribution limits are as follows:
- Basic Elective Contribution Limit - $18,000
- Age 50+ Catch-up Contribution - $6,000
- 15 Years of Service Catch-up Contribution - $3,000
Need to make changes? Enroll in the 403(b) Plan or change your monthly or biweekly contribution amount.
Questions?
Contact University Payroll and Benefits (UPB):
- Email: benefits@uillinois.edu
- Urbana: 217-333-3111
- Chicago: 312-996-6471
- Springfield: 217-206-7144 or 217-206-7211