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Take advantage today

You are immediately eligible to participate in the 403(b) retirement plan.

Starting early has its advantages

Employee contributions

You may contribute as much as 100% of your annual includible compensation up to the maximum IRS contribution limit. 

2022 contribution limit

Your contribution limit for 2022 is $20,500.

Catch-up contributions

You might be eligible to contribute additional catch-up amounts if you meet the following conditions.

2022 catch - up contributions

> An additional $3,000 if you have 15 more years of service and have undercontributed in prior years, and 

> An additional $6,500 if you are age 50 or older.


You are always 100% vested in your own contributions.

Accessing your money 


Money can be withdrawn from your 403(b) plan in these events:

  • Attaining age 59½ (employee contributions only)
  • Retirement or separation from service (distributions where the employee retires or separates from service on or after age 55 are not subject to the 10% early withdrawal federal tax penalty)
  • Your death or total disability
  • Hardship withdrawals (employee contributions only)

In addition, you must begin taking distributions once you reach age 72 (age 70½ if born before July 1, 1949) or you retire, whichever is later.

Bear in mind that income taxes are payable upon withdrawal. Generally, an IRS 10% tax penalty will apply to withdrawals made before age 59½, unless an exception applies (such as you become disabled, die or retire after attaining age 55.)

Important considerations before deciding to move funds either into or out of a Corebridge Retirement Services account
There are many things to consider. For starters, you will want to carefully review and compare your existing account and the new account, including: fees and charges; guarantees and benefits; and, any limitations under either of the accounts. Also, you will want to know whether a surrender of your current account could result in charges. Your financial professional can help you review these and other important considerations. Consult a tax professional before making a decision to move funds either into or out of a Corebridge account.


Loans are not allowed from this plan.