260 ISU 403-B’s

Deduction Type:
Tax Sheltered Annuity
Applicable Pay Group(s):
06
Agency Specific:
ISU (513)
Action/Form:
MVA Form
Tax Status:
Pre-Tax
Limit Amounts:
$19,500.00    ** See Note below!
Contact Information:
Jeanne Poppleton: 208-282-3106
 
**However, if an employee is fifty years of age or older, they are allowed an additional $6,500.00 for a total limit of $26,000.00.
 
The employee age is based on the current year.  'Current Year' - employee 'Birth Year' = 'Age'.  If the employee turns fifty in the current calendar year, they are eligible for the catch-up limit, even if they haven't yet reached their birthdate.