Voluntary Savings Programs

The IRS has recently announced the 2020 contribution limits for the 403(b) and 457 plans.  If you are under age 50, you may contribute up to $19,500 to each plan.  If you are 50+, you may contribute up to $26,000 to each plan.  

Employees may make additional contributions toward their retirement with these additional voluntary savings plans.  Employees may contribute to any combination of the pre-tax 403(b) Tax Sheltered Annuity (TSA), after-tax Roth 403(b) or pre-tax 457 Deferred Compensation Program (DCP).  There are no ACC matching contributions to these voluntary plans.