Notice: Tulane is partnering with Verifi1 to conduct a dependent eligibility audit for medical, dental, vision, and life insurance plans. Emails from NoReply@Verifi1.com and mailed letters are legitimate and part of an official university initiative. All required documentation must be submitted to Verifi1 by September 5, 2025. Read the full announcement here

Retirement Plan Updates for 2019

As a reminder, there are new increases to the maximum employee contributions to your retirement plans for 2019 for the tax-deferral 403(b) and 457(b) plans.

Tax-Deferral 403(b) plan – The maximum employee contribution to your retirement plan is increased to $19,000.  If you are age 50 or older by the end of 2019, you can contribute an additional $6,000, for a total possible contribution of $25,000.

457(b) plan – Employees earning at least $210,000 in calendar year 2018 or expected to earn at least $210,000 in calendar year 2019 are eligible to participate in the 457(b) plan.  The maximum elective contribution for 2019 is $19,000.  There are no special Age 50 catch up provisions under this plan.

Note: to make any changes to your deferral elections for the retirement plan for 2019, you will need to wait until after your final paycheck in 2018.  For employees paid on a bi-weekly basis – that means waiting until after December 21, 2018.  For employees paid on a monthly basis – please wait until after December 31, 2018.  

Changes can be made through the employee self-service application on the Gibson online.

You may visit the retirement page for more information and to learn about plan types, eligibility, how to enroll and how & when to make changes to your retirement account.

For questions, please contact the Office of Human Resources by email at hr@tulane.edu or by phone at 504-865-4748 (HR4U).