403(b) Retirement Plan Annual Contribution Limits


The following chart summarizes the changes in tax law that impact the University 403(b) plan.

403(b) Plan Dollar and Percentage Limits
Rule 2015 2016 2017
Limit on employee contributions $18,000 $18,000 $18,000
"Catch-Up" contributions for participants 50 or over $6,000
additional
$6,000
additional
$6,000
additional
Compensation limit for plan contributions for UD employees joining the plan after 7/1/1996 $265,000 $265,000 $270,000
Limit on employer plus employee contributions *$53,000 *$53,000 *$53,000


* Age 50 Catch-up contributions can be excluded from 415 Limit, allowing total employer and employee contributions to be as much as $59,000. Contact Human Resources for additional information.