Must be at least 21 years of age and have worked a minimum of 1,000 hours for two consecutive years. CSHL contributes the equivalent of 9.3% of your annual salary up to the social security taxable wage base and a 15% contribution on any compensation earned after compensation equal to the social security taxable wage base has been earned up to the limitation on annual additions.
For Postdoctoral Fellows, the Laboratory contributes the equivalent of 1% of your annual salary.
You may contribute a portion of your gross salary up to a maximum of the lesser of 100% of your annual salary, or $19,500 before state and federal taxes are withheld, thereby reducing your taxable income. Participants who are age 50 or older or whose 50th birthday falls in the 2021 calendar year may contribute an additional $6,500. Must have a valid social security number in order to participate in the CSHL 403(b) Plan.