Roth Option Now Available for UC Retirement Savings Program

August 31, 2023

As previously announced, UC enhanced the Retirement and Savings Program with a new Roth after-tax contribution option for the 403b and 457b plans. As of August 1, you may elect any combination of pretax and/or Roth after-tax contributions, up to the IRS limits. You can contribute up to $22,500 in pretax and Roth contributions combined ($30,000 if you’re 50 or older) to each of the UC 403(b) and 457(b) Plans in 2023, for a total of $45,000 ($60,000 if you’re 50 or older) to both plans. To enroll, sign in to your NetBenefits account.

Resources to help you learn more:

Visit myUCretirement.com to review the UC Roth GuidePDF, video and more.
Register for the Ways to Save with Roth webinar, offered on Wednesday, Sept. 13 at 1 p.m. and Tuesday, Sept. 19 at 10 a.m.
Call (866) 682-7787 and talk with a Fidelity representative about your options.

Read more about the Roth option in Dateline's announcement here.

This article originally appeared on the UC Davis Human Resources website.