Determine a New Contribution Amount

To help you determine a new amount we have provided Contribution Comparison Charts. The comparison chart links below illustrate the power of consistent savings, compound interest, and net-effect of pretax deductions on your paycheck. Choose the number of pay periods that correspond with your employer. 

10 Pay Periods

11 Pay Periods

12 Pay Periods

26 Pay Periods

Tell Us the New Amount

To request a change to your periodic contributions, please provide your name, email, phone number, and new "total" amount you would like deducted from your paycheck. You may also contact our office at (800) 248-4457. 

Maximum Annual Contribution Limits - 2019

If available, you may contribution to multiple plans simultaneously. For example, if your employer offers both a 403(b) plan and a 457 plan, you may contribute to both totaling $38,000, ($50,000 if age 50+) annually. Limits are increased for individuals age 50 and over. 

403(b) Plan TSA: $19,000  or $25,000 if age 50+

457 Deferred Compensation Plan: $19,000 or $25,000 if age 50+

IRA & Roth IRA: $6,000 or $7,000 if age 50+

Optional: Printable & Online Forms - 403(b) and 457 Plan Salary Reduction Agreement

Find your employer and click 403(b) or 457 

Fax or email completed forms to 661-723-6398 or invest@timothyhayesfinancial.com

For assistance call (800) 248-4457