2026 Universal Availability SUNY Voluntary 403(b) Savings Plan

Sun Dec 14 11:44:00 UTC 2025

The State University of New York (“SUNY”) provides employees with the
opportunity to save for their retirement through the SUNY Voluntary 403(b)
Savings Plan (the “Plan”). Participation in the SUNY Voluntary Savings Plan
is a great way to build your retirement savings through pre-tax and/or
post-tax payroll deduction contributions.

Whether you want to enroll in the plan for the first time, or you are
already enrolled but wish to change the amount of your deferral, you can do
so through the SUNY online enrollment and management system at
www.retirementatwork.org/suny. <http://www.retirementatwork.org/suny> For
more information, visit the SUNY Benefits Website.
<http://www.suny.edu/benefits/vsp/>

ELIGIBILITY

All employees of SUNY (state-operated and community colleges) who receive
compensation reportable on an IRS Form W-2 are eligible to participate in
the Plan.

Please take a moment to review the Plan materials before enrolling,
available at www.suny.edu/benefits/vsp/. <http://www.suny.edu/benefits/vsp/>
Once you are enrolled, you can review and change the amount of your
contributions as often as once per pay period, in accordance with your
campus payroll deadlines for submitting changes, through the SUNY online
enrollment and management system at www.retirementatwork.org/suny*. The
exact date your investment allocations will take effect may vary depending
upon your payroll system deadlines and the policies of the Investment
Provider you chose for Plan contributions.

In addition to the SUNY 403(b) plan, the NYS Deferred Compensation 457
Plan (NYSDCP)
also provides a way for you to contribute to a retirement account on both a
pre-tax (Traditional) and post-tax (Roth) basis through payroll deduction.

Through the pre-tax options (Traditional), your contributions, plus earnings
are not taxed until you withdraw the funds. Distributions are considered
ordinary income for tax purposes.

Through the post-tax (Roth) option, your contributions are taxed at the time
you make them. Earnings are income tax-free upon qualified distribution, if
you have attained age 59 ½ and it has been at least five taxable years
since the initial Roth deposit.

HOW MUCH CAN I CONTRIBUTE?

For 2026 you can contribute up to *$24, 500 *per year.

If you are age 50 or older anytime in 2026, you can contribute an
additional *$8,000*
*from the standard contribution, for a maximum of *$32,500*.

Individuals 60 – 63 (age at the end of the calendar year), can
contribute an additional
$*11,250* *from the standard contribution, for a maximum of *$35,750.*

**2025 FICA earnings $150,000 and over, beginning in 2026 ALL catch-up
contributions must be Roth (after-tax)*. (*FICA earnings can be found in
box 3 on your W-2 form*). Investment provider is available to assist you
with questions on Roth. Education and assistance will be available
throughout 2026. Please also consult with a tax advisor as Roth (after tax)
contributions could affect your tax planning.

Each participant is limited to these maximum contribution amounts for all
403(b) and 457 plans, respectively. SUNY employees are eligible to maximize
contributions to both the SUNY VSP and the NYSDCP concurrently. However, if
you also participate in a 403(b) or 457 plan with another employer in the
same plan year, you are responsible for tracking and reporting the amount of
all of your contributions to the plans so that the total amount of all your
annual contributions to all 403(b) plans and to all 457 plans in which you
participate do not exceed the respective limit for each type of plan. 457
Plans may also offer, for eligible participants, the Special Retirement
Catch-up Provision for contributions within 3 years of your elected normal
retirement age.

A special limit may apply to your contributions if you “control” (meaning
you have more than a 50% ownership interest) in another business and you
participate in its retirement plan. In determining the annual limit for all
contributions described above, you must include all contributions made on
your behalf under any defined contribution plans maintained

by the other business that you control. You are required to inform your
Employee Benefits Office if this situation applies to you. Failure to do so
can result in adverse tax consequences to you.

WHAT ARE MY SAVINGS OPTIONS?

There are several different Plan options and Investment Providers to choose
from through the SUNY VSP. NYSDCP also offers its own investment options.
Authorized Investment Providers offer a wide choice of investment options,
including stock, bond, and guaranteed funds. Each provider offers
individual counseling and assistance on investment information and can
review the pre- and post-tax contribution options to best meet your
retirement planning needs.

The following Authorized Plans and Investment Providers are available to you
within the SUNY VSP:

Corebridge Financial

1-603-594-8340, https://www.corebridgefinancial.com/rs/suny/home

Fidelity Investments

1-844-FOR-SUNY (844-367-7869), www.netbenefits.com/SUNY

Teachers Insurance Annuity Associate (TIAA)

1-866-662-7945, www.tiaa.org/suny

Voya Financial

1-800-584-6001, https://suny.beready2retire.com/
NYS Deferred Compensation Plan (457)

1-800-422-8463, www.nysdcp.com

WHAT DO I NEED TO DO?

If you wish to enroll or change your enrollment in the NYSDCP, you will need
to contact NYSDCP directly.

If you are *enrolling** in SUNY’s VSP for the first time, you can do so by
using the SUNY online enrollment and management system at
www.retirementatwork.org/suny. <http://www.retirementatwork.org/suny> For
assistance with the enrollment process, please contact the Retirement at
Work customer service line at: 800-271-0960.

If you are currently enrolled and wish to contribute the same
*BI-WEEKLY *amount
in 2026, no action on your part is necessary. If you wish to change your
contribution amount, including increasing your deferral if qualifying for
the additional contributions outlined above, please refer to the Making
Changes section below. *Please check your pay stub to be sure your current
bi-weekly contribution for 403(b) deductions with any investment providers
with whom you are investing) multiplied by the number of remaining pay
periods in the year does not exceed the allowable limit. *Please be mindful
that if you made a change mid-year, you will need to make sure that your
current biweekly amount will result in the correct annual amount you want
deferred for 2026.

Please note that if you elect to contribute a flat dollar amount that
exceeds the amount available in your net pay, a partial deduction will be
made, equal to the amount of net pay available. This will result in a $0
net pay check.

MAKING CHANGES:

To change the amount you are now contributing, please do so by using the
SUNY online* enrollment and management system at
www.retirementatwork.org/suny. For assistance with this process or if you
have questions, please contact the Retirement at Work customer service line
at: 800-271-0960.

*To Enroll*:
http://www.tiaa.org/public/pdf/SUNY_MVC_TDA_Guide_Enrollment_Guide.pdf

*Change your contribution*:
http://www.tiaa.org/public/pdf/SUNY_MVC_Making_Account_Changes_Guide.pdf

***Employees unable to enroll or make changes online, should contact the
Retirement at Work customer service line at: 800-271-0960.

*HUMAN RESOURCE & PAYROLL SERVICES*
912 Kehoe Building

101 Broad Street
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>

Plattsburgh, NY 12901
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>

(o) 518-564-5062

(f) 518-564-5060

*plattsburgh.edu <http://plattsburgh.edu>*

*Human Resource & Payroll Services webpage - plattsburgh.edu/hr
<http://plattsburgh.edu/hr>*
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