Print This Issue

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

Almanac - January 19, 2010, Volume 56, No. 18