RSA-1 Website: RSA-1Phone: 877.517.0020 TIAA Website: TIAAPhone: 800.842.2752 The 457(b) Plan is also a voluntary, defined-contribution, tax-deferred as well as Roth after-tax plan governed by Internal Revenue Code 457(b). Similar to the 403(b) plan, the 457(b) plan offers the same expanded investment options, convenient payroll deductions, pre-tax contributions, and tax-deferred growth through TIAA. University employees may also contribute to RSA-1 457(b) retirement plan through the Teachers' Retirement Systems of Alabama. Contribution Limits Employee contributions limits for 403(b) and 457(b) pre-tax and roth plans are set by the IRS. The limits are applicable to contributions made in a calendar year (January - December). Pre-Tax and Roth PlansStandard Annual Limit(Under Age 50)Catch-Up Limit(Age 50-59 and 64+)Special Catch-Up Limit(Age 60-63) Limit Type:Calendar YearCalendar YearCalendar Year 403(b) Plan $24,500 $32,500 $35,750 457(b) Plan $24,500 $32,500 $35,750 Both 403(b) and 457(b) plans $49,000 $65,000 $71,500 How to Enroll TIAA Quick Guide - This guide will provide instructions and tips to enroll, change contributions, investments, transfer assets, and change your beneficiary designation. LOGIN TO TIAA Retirement Counseling On-campus individual counseling appointments are available with a financial advisor with TIAA. Click here to view the upcoming counseling sessions.
