403(b) Retirement Plan & Information
You can change your 403(b) contribution any time of the year. You can complete a salary reduction form and submit the completed form to the Office of Human Resources. Please note that the maximum annual employee contribution is as follows:
- Under age 50 - $17,500
- At least age 50 (12/31) - $23,000
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Lincoln Financial Documents
Lincoln Financial Presentations
Discusses the importance of making retirement planning a priority.
Illustrates the potential impact of saving $10 more a week in a retirement plan.
Illustrates the impact that waiting just one year to join a retirement plan can have on their retirement account balance.
Illustrates the long-term impact of compound interest by comparing two individuals who start contributing 10 years apart.
Compares a pretax paycheck to an after-tax paycheck to help illustrate the importance of participating in an employer-sponsored retirement plan.
Illustrates the history of market declines and encourages participants to stay invested for income and reallocate as needed.
Understanding the importance of asset allocation. Compares the annual returns of diversified accounts to stock- or bond-only portfolios.
The importance of rebalancing. Compares the risk and return of portfolios that have been rebalanced to portfolios that have not been.
Understand your distribution options and the pros and cons of each.
Covers basics of investing such as tax deferral, asset allocation, and the characteristics of stocks, bonds, and money market funds.
Illustrates the importance increasing contributions can have on your financial future.
Illustrates the advantages of asset consolidation.
Discusses financial risks specific to women, especially in retirement, and shows how women have proven to be generally better investors than men.
Provides an overview of Social Security and its projected shortfall in the near future.
Discusses the history of market volatility and the importance of staying invested for the long-term.
Discusses your retirement income options.
Discusses the design of lifecycle funds.
Discusses basic information on what a life annuity is, how it works and some of the options that are available if you choose to take a life annuity distribution.
Discusses how current events may affect how we see the economy, strategies for volatility as well as allocating and diversifying your portfolio
Provides a fundamental knowledge of investing
The paycheck comparison calculator can assist you in determining the amount to contribute to your 403(b) retirement account, the amount you may have in your account in 20 years and how your contribution affects your take-home pay, your tax savings and much more.
Are you on track for retirement? Find out how much you need to save or how close you are to reaching your retirement income goal.