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IRS limits for 2021

It’s never too late to start thinking about the future.

The IRS recently announced that limits for employee contributions to 403(b) and 457(b) Plans will remain the same for 2021.  You can contribute up to $19,500 ($25,000 for employees age 50 or older), to both the 403(b) and 457(b) supplemental retirement savings plans.

To increase your deferrals or begin saving now—it’s never too late—log in to UBenefits. Log into UBenefits at hr.apps.utah.edu/ubenefits and click on the Retirement Savings tile.