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MCC Daily Tribune Archive

403b Limit Change for employees 50 years of age or older

The Human Resources Office has been informed that employees 50 years of age or older can now contribute an additional $5500 into their 403b accounts (the prior amount was an additional $5000)

We will be sending a new Salary Reduction Agreement Form to all employees who are using the 50 and over provision in their 403b accounts this year, in case you would like to take advantage of the new maximum amount for 2010. 

If you have any questions, please feel free to call the Human Resources Office at 292-2048.

Karen Rheinheimer
Human Resources