The IRS sets limits on the amount of money that can be contributed to your retirement plans. UF Benefits ensures regulatory compliance, allowing current and future university employees to enjoy the benefits of these plans. In order to MAXIMIZE your contributions, use this CONTRIBUTION MAXIMIZER link.
| Calendar Year Limits Details | Calendar Year 1/1/2025-12/31/2025 | Calendar Year 1/1/2024-12/31/2024 |
|---|---|---|
| 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 | ||
| $23,500 | $23,000 |
| $31,000 | $30,500 |
| UF’s payroll system will automatically suspend these contributions when you reach this limit | ||
| 457(b) Elective Deferrals Florida Deferred Compensation Plan | ||
| $23,500 | $23,000 |
| $31,000 | $30,500 |
| 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) | $70,000 | $69,000 |
| Fiscal Year Limits Details | Fiscal Year 7/1/2024-6/30/2025 | Fiscal Year 7/1/2023-6/30/2024 |
|---|---|---|
| 401(a)(17) Maximum compensation on which employer and mandatory employee contributions can be made | ||
| $510,500 | $494,480 |
| $345,000 | $330,000 |
| 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) | $69,000 | $66,000 |