Request for Contribution Calculation Supplemental Retirement Plan 2025

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For example, a company may allow employees to contribute up to 50% of their paycheck to their 401(k) account (even if the employer will only match 6% of that contribution). Or, they may allow up to a 20% contribution per paycheck. It depends on your company, so be sure to double check.
A contribution is the amount an employer and employees (including self-employed individuals) pay into a retirement plan.
IRAsTraditional and Roth For tax years 2024 and 2025, you can make a $1,000 catch-up contributionin addition to the $7,000 annual contribution limitif youre age 50 or older, for a maximum of $8,000. Note that you cant contribute more than you earn in any given year.
The CSUs 403(b) Supplemental Retirement Plan (SRP) is a voluntary program that allows eligible CSU employees to save toward retirement by contributing to tax-deferred investments.
The Supplemental Retirement Plan (SRP) is a non-qualified retirement plan under the Internal Revenue Code, the SRP enables you to set aside additional compensation and bonus earnings on a tax-deferred (before-tax) basisbeyond whats possible in the 401(k) Plan.
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You may contribute up to 100% of your compensation but not more than $23,500 to a 457(b) plan and $23,500 to either a 401(k) or 403(b) plan. In addition, you may qualify for one but not both of the catch-up provisions outlined below. Access your plan account online at tiaa.org.

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