Retirement Announcements

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The programs and services offered by George Mason University are open to all who seek them. George Mason does not discriminate on the basis of race, color, religion, ethnic national origin (including shared ancestry and/or ethnic characteristics), sex, disability, military status (including veteran status), sexual orientation, gender identity, gender expression, age, marital status, pregnancy status, genetic information, or any other characteristic protected by law. After an initial review of its policies and practices, the university affirms its commitment to meet all federal mandates as articulated in federal law, as well as recent executive orders and federal agency directives.


 

Pre-Retirement Seminar Prepares Employees to Sail Into Retirement

Pre-Retirement Seminar Prepares Employees to Sail into Retirement More than 100 Mason faculty and staff attended the April 4 “Sail Into Retirement” seminar, hosted in Dewberry Hall and online. The event offered comprehensive guidance on key aspects of retirement planning to help employees prepare for a smooth transition. Sessions covered…

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Understanding Market Volatility with Voya

Understanding Market Volatility with Voya Market volatility refers to fluctuations-sometimes sudden-in the value of investments. These shifts can be caused by a variety of factors, including changes in economic conditions, interest rates, inflation, and geopolitical events. For individuals participating in retirement plans, especially those with investments in stocks or mutual…

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Enhance Your Future with a Supplemental Retirement Plan

Enhance Your Future with a Supplemental Retirement Plan Saving for retirement is essential, and a supplemental retirement plan can help you build additional financial security beyond your primary retirement benefits. Whether you’re looking to increase your savings, reduce your taxable income, or take advantage of employer matching, a supplemental plan…

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VRS Selects New Record Keeper for Retirement Plans

VRS Selects New Recordkeeper for Hybrid and 457 Plans Effective January 1, 2025, the Virginia Retirement System (VRS) has selected Voya as the new recordkeeper for both the Hybrid Retirement Plan and the 457 Supplemental Retirement Plan, replacing Mission Square. Starting early November, Mason employees will receive mailed notifications about…

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2025 Retirement Planning: Contribution Limits and Beneficiary Update

2025 Retirement Planning: Contribution Limits and Beneficiary Update As the year comes to a close, now is a great time to review your retirement contributions and plan for any adjustments in the new year. The IRS has announced increased contribution limits for 2025, giving you an opportunity to boost your…

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Sign Up for VRS Member News

Sign Up for VRS Member News Stay updated on the latest announcements from the Virginia Retirement System (VRS). This newsletter is published quarterly and includes information about upcoming deadlines, webinars, and policy changes. Sign up at the VRS website.

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IRS Increases Deferred Compensation Contribution Limits

IRS Increases Deferred Compensation Contribution Limits The Internal Revenue Service has increased the maximum dollar amount you may contribute in 2023 to tax-deferred savings plans, such as the Commonwealth of Virginia 457 Deferred Compensation Plan. The annual deferral limit for 457 plans for participants younger than age 50 has increased to…

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