Human Resources announces IRS retirement contribution limits for 2021

Annually, the IRS determines retirement plan contribution limits for the upcoming year. For 2021, the 403(b) and 457(b) Voluntary plan contribution maximum will remain at $19,500 per plan -- no change from the 2020 limit.

For both voluntary plans, employees who are at least 50 years old during the calendar year may make additional catch-up contributions. For 2021, the maximum catch-up contribution to either voluntary plan remains at $6,500.

To access account information and make changes, including voluntary contribution updates, log onto Fidelity Net Benefits. Fidelity planners continue to be available for meetings -- over the phone or via Zoom -- and are committed to helping employees understand their retirement programs and options. To make an appointment, call 800-642-7131 or schedule online.