Are you contributing to a supplemental retirement and investment plan? If not, now may be a good time to start!
The University 403(b) Plan is one of three supplemental retirement plans available to help you start or increase your retirement savings. Enrollment is voluntary and available at any time. There is no employer contribution on the supplemental retirement plans.
If you already contribute to one of these plans
Consider increasing your contribution, reviewing your retirement goals, and updating your beneficiaries.
Contribution Limits for 2025
The 403(b) contribution limits are listed below. There is a single combined limit for all 403(b) and 401(k) plans that you contribute to.
The 457 contributions limits are listed below. There is a single combined limit for the SURS Deferred Compensation Plan, the State 457 and any other 457 plan(s) you contribute to.
- Under age 50 $23,500
- Age 50 – 59 $31,000
- Age 60 – 63 $34,750
- Age 64 or above $31,000
You may contribute both traditional (pre-tax) and Roth (after-tax) at the same time, but your combined contributions cannot exceed the limit listed above for each plan.
If you participate in both the State and SURS Deferred Compensation plans, your combined 457 contribution limit is listed above. You may contribute to these plans simultaneously and you may be eligible to make additional contributions in some cases. See the Supplemental Retirement Plan Comparison Chart for more information.
* If you contributed, in any calendar/tax year, to a retirement plan through another employer, it is your responsibility to monitor your total contributions to all plans to ensure that you do not contribute over the IRS maximum allowed each year.
Questions?
View Retirement & Investment Plan for further information or create a service ticket through the University Payroll & Benefits portal.
Retirement and investment plan information is general in nature about matters of interest to University of Illinois System employees. This information is not legal, financial, or tax advice. You should consult with a legal, financial, or tax professional for assistance with your individual circumstances.
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