IRS Retirement Contribution Limits for 2020

Your first step to creating 2020 savings goals is to review the new 2020 retirement contribution limits recently announced by the IRS.  These changes increase the amount of money that you can contribute to your GW 403(b) and 457(b) retirement accounts. Retirement contribution updates can be reviewed on the Benefits website or in this linked document.

Don’t forget! Fidelity and TIAA are both available on a monthly basis for free 30-minute retirement counseling sessions. Check in on your projected savings amounts and be empowered to make decisions in the New Year that will benefit the “future you.” Click the link to schedule your 2020 appointment today on the Foggy Bottom or VSTC campus.