Human Resources and Payroll

Benefits

 

Benefits

Welcome to the Benefits homepage! Please refer to the links on the left side or the tabs above to discover more about all of the benefits provided to employees at George Mason University.

If you have any questions, would like more specific information about employee benefits, or would like to schedule an appointment to discuss your benefits in greater detail, please call (703) 993-2600 and ask to speak to a member of our Benefits Team.

Human Resources and Payroll is located in Alan and Sally Merten Hall in Suite 4100.

 

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Posted February 15 2018

America Saves Week

Are you ready to become a savings superhero? America Saves Week is the perfect time to make sure you are on track to reach your long-term savings goals. Make the most of America Saves Week and think about increasing your contributions to your retirement account. Keep an eye out for informative materials that show why saving a little more now can have such a big impact on your future. For some helpful financial well-being information visit http://hr.gmu.edu/benefits/retire/online_resources.php

Posted December 15 2017

IRS Retirement Limits for 2018

Good News! The IRS announced cost-of-living adjustments affecting the dollar limit for retirement-related items for the 2018 tax year.

  • Participants under age 50 can contribute up to $18,500 (a $500 increase from 2017) to their Supplemental 403(b) Retirement Plan and to their Virginia 457 Deferred Compensation Plan.
  • Participants age 50 and over can contribute $24,500 (a $500 increase from 2017) to their Supplemental 403(b) Retirement Plan and to their Virginia 457 Deferred Compensation Plan.
How to Increase Contributions:

 

 403(b) contribution: 

  • Complete a Salary Reduction Agreement
  • Return to Benefits by either: emailing it to benefits@gmu.edu, faxing it to 703.993.2601, or dropping it off at the Human Resources and Payroll office (Merten Hall 4100).

 457 contribution:

    •  Contact ICMA-RC at 1.877.327.5261 or log into your Online account

  Please contact benefits@gmu.edu with any questions. 

Can't find something you remember seeing in this space? Check out our recent Benefits announcements

Human Resources and Payroll Benefits Disclaimer

Disclaimer: The Commonwealth of Virginia and George Mason University reserve the right to terminate, suspend, withdraw, amend or modify the benefits plan in whole or in part at any time. Further, The Commonwealth and the University reserve the right to terminate or modify coverage for any group of employees, active or retired and their dependents or a class of dependents at any time.