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Retirement Plan Limits

The IRS sets limits on the amount of money that can be contributed to your retirement plan(s). UF Benefits performs the vital task of ensuring regulatory compliance allowing current and future employees to enjoy the benefits of these plans.

Calendar Year Limits Fiscal Year Limits

Calendar Year Limits

 Calendar Year
1/1/2022 – 12/31/2022
Calendar Year
1/1/2021 – 12/31/2021
403(b) Elective Deferrals
Sum of Voluntary SUSORP, Tax-Deferred UF 403(b), and After-Tax Roth UF 403(b)
Note: Does not include Mandatory Employee contributions
  • Under 50 as of December 31st
$20,500$19,500
  • Age 50 or over as of December 31st
$27,000$26,000
UF’s payroll system will automatically suspend these contributions when you reach this limit
457 Elective Deferrals
Deferred Compensation Plan
  • Under 50 as of December 31st
$20,500$19,500
  • Age 50 or over as of December 31st
$27,000$26,000
UF’s payroll system will automatically suspend these contributions when you reach this limit
Defined Contribution 415C
Sum of SUSORP (Employer Allocations, Mandatory Employee, and Voluntary Employee), FRS Investment (Employer Allocations and Mandatory Employee), Tax-Deferred UF 403(b), and After-Tax Roth UF 403(b)
$61,000$58,000

Fiscal Year Limits

 Fiscal Year
7/1/2022-6/30/2023
Fiscal Year
7/1/2021-6/30/2022
401(a)(17)
Maximum compensation on which employer and mandatory employee contributions can be made
  • Member of Florida Retirement System on or before 6/30/1996
$461,680$432,740
  • Member of Florida Retirement System on or after 7/1/1996
$305,000$290,000
Special Pay Plan Limit
Maximum amount eligible for this plan is 50% of the employee’s total fiscal year earnings (regular wages plus leave cashout)
$61,000$58,000