SPOTLIGHT ON MASON
Posted November 19, 2014
Retirement Tax Savings Limits for 2015
The IRS announced cost-of-living adjustments (COLAs) affecting the dollar limits for pension plans and other retirement-related items for the 2015 tax year. Participants under age 50 can contribute up to $18,000 in the Supplemental Retirement Plan (403(b)) program and the Virginia Deferred Compensation Plan (DCP) (457) (an increase of $500 from 2014). Participants age 50 and over can contribute $24,000 in each plan (an increase of $1,000 from 2014). If you wish to change your 403(b) contribution, please complete a 403(b) salary reduction agreement and return to Benefits at MS 3C3. If you wish to change your 457 contribution, please call ICMA-RC at 1-VRS-DC-PLAN1 (1-877-327-5261), or log into your account at http://www.varetirement.org/dcp.html .
Posted November 18, 2014
UPDATE: Last Chance for On-Site Flu Shots for COVA Participants
Posted November 14, 2014
Posted October 20, 2014
Commonwealth of Virginia Campaign (CVC) Underway
Posted October 16, 2014
Do You Have Your Financial Fitness Wrapped Up?
Build your financial knowledge on-campus or at a time convenient to you. Take that first step today!
Posted August 20, 2014
Do You Know Someone Who Stands Out from the Crowd?
Mason’s best and brightest deserve recognition. If you know a superstar, nominate them for Mason’s Employee of the Month.
Posted June 9, 2014
Mason Star Newsletter
Posted January 16, 2014
Additional Leave Hours
Just before winter break, the Governor granted an additional 4 hours of holiday leave for Tuesday, December 31, 2013. Because Mason was already closed for winter break, the 4 hours have been added to eligible employee’s leave balances as a special flex holiday. The hours can be used through December 24, 2014.
Posted December 12, 2013
2014 Tax Implications for Employee Graduate Tuition Waiver
Tuition waivers for employees in undergraduate programs are not impacted by this change.
Additional information is available in IRS Publication 970, Chapter 11.
If you have any questions, please contact Mira Halilovic at 703.993.2625 or email@example.com.
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