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Contributed by Alison Bowman on 02/02/2012
The following are the 2012 maximum contribution amounts allowed for 403(b) plans as announced by The IRS.
If you contributed the maximum for 2011, you will need to make an adjustment to your contributions if you wish to continue to contribute the maximum allowed in 2012 since it has increased. This will NOT be done automatically for you. It is the employee’s responsibility to check their paycheck to determine if the appropriate amount is being withheld and to report any discrepancies immediately to the Office of Human Resources so that timely corrections can be made.
If you are interested in making any changes to your TIAA-CREF account or have any questions regarding your TIAA-CREF contributions, please contact Alison Bowman (firstname.lastname@example.org or 274-1208) in Human Resources.