Join the Human Resources team for a meal sponsored by VOYA at their monthly Lunch & Learn at t
403(b) Plan
Wed, 01/12/2022 - 4:34pmParticipate in 403(b) Plan and save for retirement
The University offers eligible employees the opportunity to save for retirement by participating in the 403(b) Plan. Employees can participate in this plan by making pre-tax contributions to an existing account with a 403(b) provider.
Eligible employees may contribute up to $20,500 in 2022. If you are at least 50 years old and/or you have completed at least 15 years of service, you may be able to make additional catch-up contributions. Each catch-up has its own limits.
To start, or change, your contributions to the 403(b) Plan, contact Shekethia Ryan-Williams at (337) 482-6248 or shekethia.williams@louisiana.edu.
You must have an account with a participating 403(b) provider before contributions can be made.
Timing, frequency and cancellation of 403(b) salary reduction agreements have no specific limits, therefore, you can enter into, modify or revoke your salary reduction agreement at any time, provided it is within the time restrainst set by the University.
For more information, forms, and a list of participating 403(b) providers, please visit the Human Resources website.