MinhT
Expert Alumni

Retirement tax questions

Yes, you are eligible for a catch-up contribution to your 403(b) plan if you are aged 50 or over at the end of the tax year. The amount of the catch-up contribution is limited to $6,000 per year for both 2018 and 2019.

Please see this IRS document for more information:

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-403b-contribution-l...

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