Each year, we have a large number of employees who separate due to retirements from UCSF at the end of June. Employees wishing to make changes to Voluntary UC Retirement Savings Program contributions in time for the calculation of their final paycheck must do so according to payroll processing deadlines and IRS rules.
You can help employees achieve a smooth transition by reminding them to visit the Fidelity website to make any changes in time for the calculation of their June 29 retirement separation paycheck:
- 403(b): change contribution by June 24
- 457(b): change contribution by May 31