You must contribute 3 percent of your gross reportable earnings for 25 years or until retirement, whichever occurs first. This option is effective as of January 1, 2025 for plans that elect to adopt it.New York Secure Choice is a basic, one-size-fits-all retirement savings program for businesses that do not wish to sponsor a plan for their own employees. How much can I contribute to the Plan? The deductibility of your. Traditional NYCE IRA does not affect the IRA maximum contribution limit. Do you have a 401(k) or 403(b) retirement plan with your employer? If an employer doesn't offer a qualified retirement program, they'll need to enroll employees in New York State's Secure Choice Savings Plan. What do I need to know about contributions? SUNY Optional Retirement Program.