Archive: Announcements
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SECURE 2.0 Final Roth Catch-Up Regulations
On September 15, the IRS released final regulations under SECURE 2.0 addressing catch-up contributions. The guidance confirms that, starting January 1, 2026, participants whose prior-year Federal Ins
Categories: Announcements, News
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Paid Time Off Updates
As of July 1, 2025, the university is switching from an accrual model to an allotment model for paid time off (PTO). Please read detailed information on the switch and its impacts on this webpage.
Category: Announcements
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Automatic 403(b) Enrollment and Escalation Features Effective January 1st
As announced in November 2023, the university has implemented additional steps to encourage employees to increase their retirement savings contributions. The changes are in effect and will apply to a
Category: Announcements
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New back up care copays take effect 11/15/24
Effective November 15, 2024, copays will be required for reservations through Bright Horizons
Back-Up Care.Category: Announcements
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FSA “Use It or Lose It” Reminders
The deadline for submitting claims against 2023 Flexible Spending Account balances is April 30, 2024. You may submit for reimbursement for those eligible expenses that were incurred between January 1, 2023 and March 15, 2024.
Categories: Announcements, News
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Form 1095-C Available in GMS
What is IRS Form 1095? IRS Form 1095 provides information about the health care coverage that you had, or were offered, during the previous year. Much like Form W-2 and Form 1099, which include in
Category: Announcements
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Important Legal Notices Regarding Benefits
Dear Benefits Plan Participant:Below you will find links to the 2022 Summary Annual Reports for Georgetown University’s benefits plans, the Summary Plan Description for Georgetown University Welfare
Category: Announcements
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Annual Safe Harbor/Automatic Enrollment and Escalation/QDIA Notice for DCRP and VCRP Eligible Employees
Dear Colleagues, You are receiving this message because you are eligible to participate in the Defined Contribution Retirement Plan (DCRP), or you are in Phase One of the waiting period, and/or yo
Category: Announcements
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Correction Period for 2024 Benefits
Starting Monday, November 27, you will have the opportunity to review your 2024 benefit elections and make desired changes and corrections.
Category: Announcements
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Important Steps to Strengthen Retirement Readiness Beginning in 2024
Dear Colleagues,We write to inform you about a new approach that Georgetown will be taking to strengthen the retirement readiness of our faculty and staff/AAP community. Our 403(b) retirement savings
Categories: Announcements, News