Retirement Savings Plan (RSP)
A saving opportunity for Pension Plan participants.
Contribute to the RSP and save even more for retirement.
Invest in Yourself
With the RSP, you make pre-tax contributions from your paycheck before federal and state taxes are calculated, which lowers the amount of taxes withheld, saving you money every pay period.
You can contribute up to $23,000 for 2024, per IRS limits. If you’re at least age 50 during the current calendar year, you can make an additional $7,500 “catch-up” contribution.
When You Earn a Right to the Benefit
You are always 100% “vested” in your contributions, along with any investment earnings on those contributions. That includes any transfer or rollover contributions you may have made.
Your eligibility depends on how long you’ve been with the Art Institute and your employment group. Refer to the Who’s Eligible page for more information.
