2027 HSA & 403b Limits
Health Savings Account (HSA) and 403b Retirement contributions are not bound by Open Enrollment and may be changed any time throughout the year.
Health Savings Account (HSA) |
403b Retirement Account | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
2027 Health Savings Account (HSA) Contributions AUI provides an employer contribution towards employees' HSA/HRA accounts when funding is available. At this time, no employer contributions are planned for fiscal year 2027.
During Open Enrollment, you will be asked to confirm your 2027 HSA contributions, which will begin on the first pay period of 2027. You are able to contribute up to the IRS maximum (listed below). As a reminder, employees may make changes to their HSA contributions throughout the year time by submitting the Health Savings Account form in Dayforce.
If you make deposits to your HSA outside of payroll deduction, those amounts must also be included in your HSA annual limit. Participants may make a one-time roll-over contribution to their HSA from a previous HSA or from an IRA account. There are limits to the amount that can be rolled over; however, this amount does not apply to the annual limit. Consult a tax advisor or IRS source for more information. For more information, please visit the Medical webpage. |
2027 403b Retirement Contribution Limits Employees can make changes to their 403b at any time throughout the year. There are two different contribution options, Traditional and Roth. The IRS limits for 2027 will be communicated in October/November once confirmed. *The two options for contribution to a 403b account share one annual limit.
*For ages 60-63, the super catch up limit is projected to be $11,750.00 Traditional 403b - amounts contributed can be in flat dollar amounts or percentages of salary and are taken prior to federal and state taxation. Taxes are deferred until distributions are made after termination of employment or retirement. 403b ROTH - The ROTH allows post-tax contributions in flat dollar amounts or percentages of salary. Distributions from the 403b ROTH have separate rules than the Traditional 403b. For more information, please visit the Retirement Planning webpage.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
