Supplemental Retirement Accounts

Procedures for Submitting Supplemental Retirement Account (SRA) Forms

Employees wishing to make changes or enroll in a Supplemental Retirement Account (SRA) should complete appropriate form, and sign and email it to HRBenefits@umaryland.edu

2022 SRA Deduction Deadline Schedule

2023 SRA Deduction Deadline Schedule

Supplemental Retirement Account Change Forms

The 2022 IRS contribution limits are:

  • $20,500 for a 401(k) or a 403(b) plan.
  • An additional $20,500 may be contributed to a 457(b) plan.
  • If the employee is 50 or older, they may be able to contribute an additional $6,500 to the plans. Contact the vendor for additional details and IRS restrictions.

The 2023 IRS contribution limits are:

  • $22,500 for a 401(k) or a 403(b) plan.
  • An additional $22,500 may be contributed to a 457(b) plan.
  • If the employee is 50 or older, they may be able to contribute an additional $7,500 to the plans. Contact the vendor for additional details and IRS restrictions.

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