For assistance, problems or questions, please email us.
Page History
You have two options for the 403(b) contributions that are deducted directly from your paycheck, Traditional and Roth. You can choose to make employee contributions through just Traditional, just Roth, or both Traditional and Roth. You determine your employee contribution amounts for each type within these the IRS 403(b) Annual Contribution Limits.
We auto-enroll you at $50/month as a Traditional contribution. To adjust your types of contributions (change to Roth or to add Roth to your employee contribution) or to edit the amount of your contribution see Changes to Contributions.
The employer match is always Traditional (pre-taxed). If you want to convert your employer match to Roth see Roth see Roth Conversion or Roth Transfer.
Traditional “Pre-Tax” Contributions
...
| Tip | ||
|---|---|---|
| ||
Traditional 403(b) contributions save you money on your taxes now. The amount you contribute from your paychecks as traditional 403(b) contributions reduce your federal tax bracket and liability right now. Traditional 403(b) contributions may be a good fit for:
|
Roth “After-Tax” Contributions
...
| Note | ||
|---|---|---|
| ||
We encourages all international employees to seek tax counsel regarding IRS ruling 70-491 when determining if the Roth option is something they should utilize for their retirement savings. There may be tax implications of selecting Roth for your retirement funds while filing under the Foreign Earned Income Exclusion . to consider and discuss with your tax counsel. |
...
| Note | ||
|---|---|---|
| ||
Roth tax savings do not apply to the employer match and interest earned on the match. If you want to convert your employer match to Roth see Roth Conversion or Roth Transfer |
