Emory Clinic's 403(b) Savings Plan

Tools and Resources



CONTRIBUTIONS


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EMPLOYEE CONTRIBUTIONS:

Eligible employees can contribute from 1% to 65% of compensation, subject to IRS maximum deferral limits. The IRS sets limits annually. The maximum deferral limit for 2016 is $18,000 per calendar year. If you are over age 50, you can make additional catch-up contributions (for 2016, the IRS limit is $6,000).



arrow   EMPLOYER CONTRIBUTION:

Emory Clinic’s Basic Contribution (8%):

Upon completion of one year of service, Emory Clinic provides a basic contribution of 8% of compensation. Once you are eligible, Emory Clinic’s 8% contribution to your retirement will begin the first of the following month.

If you are employed by Emory Clinic and Emory University, the basic contribution from the employers (8% from the Clinic and 6% from the University) is capped at $22,000 for 2016.