403(b) Updates for 2026

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Important Updates for 403(b) Participants

As you plan your retirement savings strategy for 2026, several important updates will impact how much you can contribute to your Georgetown University 403(b) Plan.

New IRS Contribution Limits for 2026

  • Employee contribution limit: $24,500
  • Age 50+ catch-up limit: $32,500 total
  • Enhanced catch-up for ages 60–63: $35,750 total

These increases provide additional opportunities to boost your retirement savings in the coming year. In 2026, DCRP contributions are made on the first $265,000 of salary, up from $255,000 in 2025.

Secure Act 2.0: Updated Roth Catch-Up Rules

Beginning January 1, 2026, employees age 50 or older whose 2025 FICA wages are $150,000 or more will be required to make all catch-up contributions on a Roth (after-tax) basis. This applies only to catch-up contributions; regular pre-tax or Roth deferrals are not affected. 

Already a Maximizer?
If you have set up your status as “Maximize VCRP” in GMS, your 403(b) contribution will automatically adjust to hit the IRS limit that applies to you. Want to learn more about how you can join the “Maximizer Club”? Visit the benefits website.

Reminder: Annual Auto Enrollment & Escalation for DCRP Participants

If you participate in the Defined Contribution Retirement Plan (DCRP) – Phases 2 and up and are contributing less than 12% of your pay to the Voluntary Contribution Retirement Plan (VCRP), you are subject to annual automatic enrollment and/or automatic contribution escalation.

This feature is designed to make it easier to save more over time without having to remember to make changes yourself. Georgetown will automatically enroll or increase your voluntary contribution rate each January 1, unless you actively opt out or choose a different percentage in GMS on or after January 2, 2026.