Type of Plan

IRC Section 403(b)

Who's Eligible

Members of the Alternate Benefit Program

Employee Contribution 

  • Under age 50: A combined pre-tax and after-tax contributions: $18,000 in 2017
  • Age 50 & Over: A maximum pre-tax and after-tax contributions: $24,000 in 2017
  • Under age 50: A combined pre-tax and after-tax contributions: $18,500 in 2018
  • Age 50 & Over: A maximum pre-tax and after-tax contributions: $24,500 in 2018

How it Works

You may voluntarily tax shelter a portion of your salary from federal income taxes while saving for retirement. Federal income tax is not due on deferred amounts or accumulated earnings until you receive a distribution (payment) from your account.

How to Enroll

  • Complete enrollment forms from your investment carrier and return them to your carrier. Retain a copy for your files.
  • Complete a Carrier Allocation/Salary Reduction Agreement.
  • Submit copies of the above-mentioned items to University Human Resources, 57 US. Highway 1, New Brunswick, NJ 08901-8554. Campus mailing address: ASB II, Cook Campus.
  • You may also enroll using the online Tax Deferral Limit system

Please note -- For security purposes, the login for the Tax Deferral Limit system requires users to log in from a computer or other device on a trusted Rutgers network.  If you would like to use this application from outside the Rutgers IT infrastructure, you will need to first connect to a virtual private network (VPN) service. You can do so by visiting the Office of Information Technology (OIT)’s VPN tool at http://ssl-vpn.rutgers.edu. Contact the OIT helpdesk if you require assistance in setting up a secure VPN into the Rutgers network.

How to Make Changes

You may change or cancel your salary reduction amount online using the online Tax Deferral Limit system or by completing and submitting a Carrier Allocation/Salary Reduction Agreement form to University Human Resources, 57 US. Highway 1, New Brunswick, NJ 08901-8554. Campus mailing address: ASB II, Cook Campus.