Defined Contribution Retirement Plan for Employees of Methodist Jennie Edmundson Hospital - 2018 Contribution Limits

The 2018 contribution limits have changed for the MHS Defined Contribution Retirement Plan for Methodist Jennie Edmundson employees (also known as the 403(b) Plan).

MHS Defined Contribution Retirement Plan for Methodist Jennie Edmundson employees

All MJE employees are eligible to contribute to this plan.

• The annual contribution limit is $18,500 in 2018.

• The annual “catch-up” contribution limit is $6,000 in 2018.  You are eligible for this “catch-up” contribution if you will be age 50 or older on December 31, 2018.

If you participate in this plan and want to change your election to be effective with your first check in January, you must change your election no later than December 19, 2017, if you are a monthly paid employee or December 26, 2017, if you are a bi-weekly paid employee. 

To change your election you may either call the Wells Fargo Retirement Service Center at 1-800-728-3123 or go online at www.wellsfargo.com, select MHS Defined Contribution Plan  - on My Dashboard scroll down to My Contributions to make your selection.