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West Campus, Health Sciences, and School of Medicine

For State Employees

Voluntary Retirement Savings Programs

Plan

Description

Eligibility

Contribution Maximum

Age 50 Catch-up Provision

Vesting 

Plan

Voluntary Savings  (403b)
DescriptionSUNY Voluntary Savings 403(b) Plan 

Eligibility

All active employees of SUNY are eligible to participate.

Contribution Maximum

$22,500

Age 50 Catch-up Provision

Up to $7,500 additional annual deductions (for 2023) are permitted for those age 50 and over

Vesting 

Employee voluntary contributions are fully vested immediately.

Plan

Deferred Compensation (457)
DescriptionNYS Deferred Compensation Plan 

Eligibility

All active employees of SUNY are eligible to participate.

Contribution Maximum

 $22,500

Age 50 Catch-up Provision

Up to $7,500 additional annual deductions (for 2023) are permitted for those age 50 and over

Vesting 

Employee voluntary contributions are fully vested immediately. 

SUNY Voluntary Savings Plans

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                                                                                                                                2023 SUNY 403b v NYSDCP Comparison Chart

                                                                                                                                           2023 SUNY 403b v NYSDCP Comparison Chart... Comparison Chart

Investment Providers

Fidelity Investments [403(b)(7) Mutual Funds]
1-844-FOR-SUNY (844-367-7869)
www.netbenefits.com/SUNY

Teachers Insurance Annuity Associate (TIAA)
1-800-842-2252
www.tiaa.org/suny

VALIC Retirement
1-800-448-2542 or 1-888-569-7055
www.valic.com/suny

Voya Financial
1-800-584-6001
https://suny.beready2retire.com/

NYS Deferred Compensation Plan (457)
1-800-422-8463
www.nysdcp.com