The maximum contribution for 403b and 457 retirement accounts has increased $500 for 2020, for a total of $19,500.00. Anyone 50 or older by the end of the calendar year may also make catch-up contributions in the amount of $6,500.00, for a total of $26,000.00 in 2020.

This is a great time to contact our representatives to help you enroll in a new account or answer any questions you may have about your current account.

David Jones, VALIC Financial Advisor
Direct: 217-653-9171
david.jones@valic.com

TIAA-CREF: 800-842-2252

If you have anything that needs to be paid before Jan. 10, 2020, the voucher and other necessary documents must be turned in to accounts payable no later than this Friday, Dec. 13, by the end of the business day. If a voucher is turned in after this time, we cannot guarantee it will be paid before we go on break.

Please contact Elyse Calhoun at 786-2256 or Elyse.Calhoun@llcc.edu with any questions.

Those wanting to update their preference to receive their 2019 W-2 statement electronically must do so before the end of the year. To change your preference, log in to Employee Self-Service and select Tax Information. From this page, you can choose to receive your W-2 electronically each year. If you are unsure if you have already given your consent, you can log in to Self-Service and verify what your current preference is. If you choose not to receive your W-2 statements electronically, they will be mailed by Jan. 31.

If anyone has any questions, please contact the payroll office.

Year-end progress update forms should be submitted no later than noon today, Nov. 20. The form serves to gather progress information for the last fiscal year’s initiatives and will serve as a close-out for all FY19 Planning & Budgeting Projects.

If you submitted a project request during FY19 Planning & Budgeting Process, you will be required to submit year-end progress update information for approved projects. Updated FY19 Planning & Budgeting documents are available on SharePoint. Budget Maintenance requests are excluded from this process.

Please access the SharePoint form and provide progress information for each of your FY19 projects. The form is filtered to display the project id numbers that you will need to respond to. Select a project id number, provide the necessary information, include supporting documents as attachments and submit the form. As each project id is completed, it will be removed from the drop down list on the SharePoint form. All submitted forms will be routed directly to your VP for review.

Your responses should include specific evidence to support your project progress.   If you have questions about what type of specific support, please contact Karie Longhta. If you have any problems with accessing the SharePoint page, contact Megan McCann.

As a reminder, the purchase of all goods should be done through the Colleague requisitioning system. Per Board Policy 6.17, college credit cards may be used only for purchases that are consistent with the college’s purchasing policies and procedures. In particular, credit cards may not be used to circumvent college purchasing procedures and may not be used for personal expenditures. The intent of the college credit card is for reserving college related travel accommodations and small emergency purchases (under $500 and should not be used for capital expenditures). Individual card-holders assume all responsibilities and charges for inappropriate use of the college credit card. Abuse of the college credit card will result in the cancellation of such card. Please contact LLCC Purchasing with questions.

In an effort to gather progress information for the last fiscal year’s initiatives, we have created a simple Year-End Progress Update form for your completion. This will serve as a close-out for all FY19 Planning & Budgeting Projects. If you submitted a project request during FY19 Planning & Budgeting Process, you will be required to submit year end progress update information for approved projects. Updated FY19 Planning & Budgeting documents are available on SharePoint. Budget Maintenance requests are excluded from this process.

Please access the SharePoint form and provide progress information for each of your FY19 projects. The form is filtered to display the project id numbers that you will need to respond to. Select a project id number, provide the necessary information, include supporting documents as attachments and submit the form. As each project id is completed, it will be removed from the drop down list on the SharePoint form.

All submitted forms will be routed directly to your VP for review.

Your responses should include specific evidence to support your project progress.   If you have questions about what type of specific support, please contact Karie Longhta. If you have any problems with accessing the SharePoint page, contact Megan McCann.

The updates should be submitted no later than noon on Wednesday, Nov. 20.