Saving for Retirement Employees can contribute up to $23,000 pre-tax annually to their 403(b)-retirement plan. You may contribute an 403(b) additional $7,500 if you are age 50+ in an annual "catch-up contribution". Retirement Company Contribution Plan After 2 years of service employees are eligible for a discretionary company contribution of 2.5%. Following 3 years of service the employer contribution increases to 5%. If you previously worked for an educational institution, we would count your service toward our eligibility for the CIEE contribution upon confirmation from your employer. How much do you need to save for retirement? Eligibility That depends on your expenses. Use this calculator to determine how much you CIEE employees are eligible to contribute into the 403(b) plan should be saving now to be comfortable in immediately upon hire. All contributions are immediately 100% your retirement. You can access all of . vested. Voya’s financial calculators here 25