WW-P: 403(b) and 457 Plans
All employees are entitled to participate in the 403(b), Roth 403(b), and/or the 457 plan. If you are interested to participate, please follow the guidelines listed below.
The plans allow normal deferral limits established under section 402(g) of the Internal Revenue Code. The annual limit for 2021 is $20,500 for the 403(b) and for the 457 plans. Participants can contribute the maximum annual limit in both the 403(b) and the 457 plans. The maximum annual limit applies to 403(b) and Roth 403(b) accounts in the aggregate, e.g. if an employee (under age 50) contributed $10,000 to a 403(b), the maximum contribution to a Roth 403(b) plan would be $10,500.
The plans allow age 50 catch-up elective deferral contributions. The annual limit for 2021 is $6,500 for the 403(b) and for the 457 plans. Participants are eligible if they are 50 years old or over at the end of the calendar year.
As of January 1, 2009, the 403(b) and 457 plans no longer allow salary deferrals that relate to 15 years of service. Contact your Representative below with questions.
AXA/Equitable
Anthony Girgis
[email protected]
(848) 241-3236
(732) 773-7201 (cell)
(732) 701-0026 (fax)
Brian Ahearn
[email protected]
(732) 606-8443
(732) 233-6203 (cell)
(732) 240-9380 (fax)
Metlife Resources
David Maurer
[email protected]
(609) 986-2106
(609) 535-3638 (cell)
VALIC/AIG
Elizabeth (Betsy) Newman
[email protected]
(800) 892-5558 x89837
(732) 718-0204 (cell)
(908) 470-4114 (district)
Lincoln Investment Planning
Jeffrey Faller
[email protected]
(800) 528-8924
(908) 276-1400
(908) 276-4600
VOYA
John Murray
[email protected]
(856) 439-0770
(609) 234-3369 (cell)
(856) 439-1199