Annual Eligibility Notice for Retirement Plans
Annual Eligibility Notice for Retirement Plans
The University of Texas Retirement Program is here to provide you with new tools to help you reach your retirement savings goals.
What is UTSaver?
The UTSaver plans allow employees to accrue additional retirement savings to make up the difference between what the Teacher Retirement System (TRS) or Optional Retirement Program (ORP) benefits might pay versus what you may actually need.
Both the UTSaver 403(b) Tax Sheltered Annuity and the UTSaver 457(b) Deferred Compensation allow for:
- Salary Deduction—all tax reporting for your participation is handled for you on your W-2.
- Contributions can be made before (traditional) or after (Roth) tax withholding.
- Invest up to $24,500 in 2026 in each plan
New Limit Options for 2026
- If you are over 50 you can contribute as much as $32,500 in each UTSaver plan.
- If you are turning 60-63 anytime in the year, you can contribute as much as $35,750 in each UTSaver plan.
Important: Beginning in 2026, if your previous year’s reported FICA wage (Box 3 of your W-2) was $150,000 or more, the Age 50 and Age 60-63 catch up dollars must be made as Roth after-tax contributions.
Same Great Partners to Help you Invest
The University of Texas Retirement Program has partnered with five leading nation-wide financial firms to offer a streamlined menu of the best Mutual Funds available to ensure you have investment tools necessary to maximize your retirement plan savings.
Start Any Time
Participants can start, stop, or change contributions any time of the year, as often as once a month.
Leverage your Taxes
The UTSaver plans permit you to make traditional pre-tax contributions to lower your taxable income this year, as well as after-tax Roth contributions to create a potentially tax free retirement fund for when you are 59 ½ or older. And unlike a Roth IRA, there are no salary caps for participating with a UTSaver Roth plan!