Employee Retirement Contributions

Eligible employees have the option to set aside money for retirement on a voluntary basis in regular pretax or Roth contributions to the University retirement plan, up to the annual IRS limit. The annual maximum for 2026 is $24,500. If you are age 50 or over, a "catch-up" provision allows you to contribute additional $8,000 into your account. This year, employees that are 60-63 years old may also contribute an additional $3,250 as a “super” catch up contribution.

It is also important to note that Willamette's contributions do not affect your maximum annual contribution limit.