As an eligible employee of Augusta University, you are permitted to participate in
a 403(b) and/or 457(b) tax deferred retirement program.
WHAT IS A 403(b) AND 457(b) PLAN?
WHY CONTRIBUTE TO A 403(b) AND/OR A 457(b)?
WHAT COMPANIES CAN I PARTICIPATE WITH?
HOW MUCH CAN I CONTRIBUTE?
HOW DO I GET MORE INFORMATION?
What is a 403(b) and 457(b) plan?
A 403(b) and a 457(b) plan is a tax-deferred retirement plan available to employees of educational institutions and certain non-profit organizations. In this plan, you can make pretax contributions for retirement savings.
Why contribute to a 403(b) and/or a 457(b)?
Participating in your plan can provide a number of benefits including:
Why contribute to a Roth 403(b) and/or a 457(b)?
What companies can I participate with?
Fidelity - (1-800-343-0860)
Plan Type | Plan Number |
403(b) | 54314 |
457(b) | 61819 |
AIG Retirement Services (VALIC) - (706-722-4600)
Plan Type | Group Number | Plan Number |
403(b) | 04262 | 001 |
457(b) | 04262 | 003 |
TIAA-CREF - (1-800-842-2776)
Plan Type | Plan Number |
403(b) | 100401 |
457(b) | 100402 |
403(b),457(b), Roth 403(b), and 457(b) contributions for Augusta University employees in 2019 are generally limited to 95% of full gross salary not to exceed $19,000 for employees less than age of 50, or 95% of full gross salary not to exceed $25,000 for employees who are projected to attain age 50 or more by December 31, 2019. (Age-based catch-up under section 414(v)).
How do I get more information?
To obtain more information, including information about how to participate, and about the savings products made available under the plan, contact the Benefits and Data Management Staff at 706/721-3770.
403(b) Salary Reduction Agreement
457(b) Salary Reduction Agreement
Roth 403(b) Salary Reduction Agreement
Roth 457(b) Salary Reduction Agreement