2025 Iowa RIC 403(b) plan: annual eligibility update

The RIC 403(b) plan lets you save for retirement with pre-tax (and possibly Roth) contributions. To start, open an account and submit the Salary Reduction Form to payroll. The 2025 contribution limit is $23,500, with higher limits for those 50+ or with 15+ years of employment. You can adjust your contributions anytime by submitting a new form. For more information, check out this 2025 Annual Eligibility Notice Iowa Retirement Investors’ Club (RIC) 403(b) Plan document or visit the RIC website to contact a provider.