Income Deferral 403(b)

Eligibility

You are eligible to immediately make voluntary pre-tax and/or Roth contributions to the Plan if you are a full-time, part-time, visiting, limited, or casual resident, intern, or postdoctoral fellow.

Ordinarily, to receive university contributions to the Plan of up to 2% of your annual base salary, you must be a full-time or part-time resident or intern, or clinical fellow at the School of Medicine.

About the Plan

You can make pre-tax and/or Roth contributions to the Plan each pay, from a minimum of $7.50 per month up to the annual maximum established by the IRS, which is $23,500 in 2025.

If you are age 50 or older, you may also be eligible to make “catch-up” contributions of up to an additional  $7,500 in 2025.

The IRS has imposed an annual compensation limit of $350,000 in 2025.

You are always 100% vested in all contributions, including those from the university. “Vesting” refers to your ownership of your Plan account.