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Do the catch-up contribution rules apply to a 403(b) retirement plan? If yes, what is the catch-up contribution amount for 2019? Thanks.

 
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Employee Tax Expert

Do the catch-up contribution rules apply to a 403(b) retirement plan? If yes, what is the catch-up contribution amount for 2019? Thanks.

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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Employee Tax Expert

Do the catch-up contribution rules apply to a 403(b) retirement plan? If yes, what is the catch-up contribution amount for 2019? Thanks.

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...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post