IRS regulations limit the amount you and Brown can contribute each year. The dollar limits for 2025 are as follows:

• The maximum amount you may contribute if you are under age 50 is $23,500. If you are age 50 or above in 2025, you may contribute up to $31,000. The combined limit on all contributions, both employee and employer, is $70,000 for employees under age 50 and $77,500 for age 50 and above.
• The mandatory 2% contribution under Brown’s Legacy Retirement Plan does not count toward these employee contribution limits. Monthly employee deferrals and University contributions cease after the eligible compensation you have received in a calendar year exceeds the IRS limit on compensation for plan purposes, which is $350,000 in 2025.

The same limits apply if you are making retirement contributions pre-tax to a 403(b) account and/or post-tax to a 403(b) Roth account.

We encourage all employees to periodically review their contributions.

Your contributions to any of the Brown retirement plans are always fully vested, or nonforfeitable.

If you are a participant in the Brown University Legacy Retirement Plan, you are fully vested in Brown’s contributions. The vesting schedule for the University’s contributions to the Deferred Vesting Plan can be found on the plan page.