Instructions for Maximizing your Voluntary 403(b) Plan Contributions

  • Log in to Georgetown Management System (GMS) at http://gms.georgetown.edu with your NetID and password.

  • Click on Benefits Icon

  • Under Change select Retirement Savings

  • Click “Edit” button at top of page

  • Enter date you’d like the election to take effect (must be today or a future date – cannot be retroactive)

  • Scroll down past Defined Contribution to Voluntary

  • Enter $999 as the Employee Contribution Amount (this does not reflect the actual amount that will be deducted, it simply indicates that you intend to contribute the maximum)

  • In the column labeled Employee Contribution Allocation you will indicate the percentage of your contributions that you would like sent to each company (i.e. if you wanted all of your money to go to an account with TIAA, you would enter “100” in the field next to TIAA).

    • Do not enter anything in the Employer Contribution Allocation column.

  • Elect “Maximize VCRP” (Your biweekly or monthly maximum contribution will be calculated and will take effect on the next possible pay date.)

  • Hit Submit button