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One-time Performance Payment Salary Reduction Agreement (SRA) for 403b

Employees interested in contributing all or a portion of their one-time performance payment to their 403b may do so using the One-Time Performance Payout Salary Reduction Agreement (SRA) form. This form may be used to change employees’ 403b contribution for the 12/21/18 pay date ONLY. Employees should keep in mind that additional contributions to their 403b using the one-time SRA are subject to the 2018 annual contribution limit of $18,500. Please note that because of early payroll deadlines, the completed SRA form must be submitted to UFHR Benefits no later than 12/3/18 to allow adequate processing time.

Please note that the one-time SRA form may be used ONLY for changes to the 403b contribution on the 12/21/18 paycheck. Any other 403b contribution changes should be submitted using the UF 403(b) Salary Reduction Agreement (SRA).

If you have questions, contact UFHR Benefits at (352) 392-2477 or email benefits@ufl.edu.

Published: November 9th, 2018

Category: Benefits