Deferral Limits a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions/Employee Deferrals: • 403(b) employer contributions are in addition to your limit • 457 employer contributions are included in your limit
c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.
Deferral Limits a. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions:
Deferral Limits a. Exceeding IRS Limits: Employees should ensure tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. Employer Contributions:
c. For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx)
d. For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website.
Deferral Limits. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts. Employer Contributions/Employee Deferrals: 403(b) employer contributions are in addition to your limit 457 employer contributions are included in your limit For detailed current information concerning deferral limits, see the IRS website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning the 457 or 403(b) plans, consult the plan’s representative or website. Employee Options: Employees may enroll, change or cease their contributions at any time.
Deferral Limits a. Employees should ensure tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
b. District Contributions: • 403(b) District contributions are in addition to your limit • 457 District contributions are included in your limit
c. For detailed current information concerning deferral limits, see Internal Revenue Service (IRS) website (xxx.xxx.xxx). For current information about maximum shelter amounts, additional contributions, catch-up limits, and other details concerning 457 or 403(b) plans, consult the plans representative or website.
Deferral Limits