The IRS has recently announced the 2022 contribution limits for the 403(b) and 457 plans. If you are under age 50, you may contribute up to $20,550 to each plan. If you are 50+, you may contribute up to $27,000 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.