|Retirement Contribution Limits
January 19, 2010,
Volume 56, No. 18
It’s never too late to start saving for retirement, and Penn makes it easy for you to save on a pre-tax basis through the University’s retirement plans.
In calendar year 2010, retirement contribution limits will remain at $16,500 for employees under age 50 and $22,000 for employees age 50 and older. If you’ve been employed with the University for 15 years or more, you may also be eligible for an additional catch-up contribution.
For information about retirement contribution limits, retirement planning resources, and more, visit www.hr.upenn.edu/Benefits/Retirement
or call Penn’s Retirement Call Center at 877-PENN-RET (877-736-6738).
––Division of Human Resources