403(b)
403(b) Plan Benefits
• Callen-Lorde offers a 403(b) Plan for both our Union and Non-Union Members
• The plan allows for you to defer up to $23,500 in 2025 o Deferring your own money into the plan lowers your taxable income each year and allows your savings to grow tax-deferred o The plan also allows you to defer a portion or all your salary deferrals on an after-tax basis. This is known as a Roth Contribution o For employees age 50 and over, they can save an additional $7,500 • Our 403(b) partner is T. Rowe Price. You can create and maintain your account at https://www.troweprice.com/
• Callen-Lorde offers a 4% Match to the 403(b) Plan for all Union Employees as well as a Discretionary Match for all Non-Union Employees.
The match is immediately vested
•
• You are eligible to participate in the plan immediately and you qualify for the match once you have completed 1,000 hours and one year of service.
• You may stop making contributions at any time during the year
If you have any questions pertaining to the 403(b) plan, you may also contact our Benefit Advisors at Brio at retirement@briobenefits.com
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PRE-TAX BENEFITS I
Callen Lorde BENEFITS GUIDE
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