topic Excess 403b contributions from one employe in Retirement tax questions

Excess 403b contributions from one employe

Hesoukieh — Sat, 06 Dec 2025 12:49:50 GMT

I found out that my previous employer didn’t limit the contribution to my 403b plan which resulted in excess contribution of $4000

i left that employer in February 28 , 2025 and I am currently self employed

I moved all the balance in my 403b account to my own SEP account with fidelity

I haven’t filed taxed for 2025 yet

how to correct this excess and how to report it in TurboTax

Re: Excess 403b contributions from one employe

SteamTrain — Sat, 06 Dec 2025 13:32:08 GMT

@Hesoukieh

I don't have an answer...but you need to be clear and post which year the overcontribution occurred in.

1) Was the overcontribution in 2024 or 2025? (seems difficult for it to be for 2025, though maybe not impossible).

2) No one can file 2025 taxes yet. So, did you file 2024 taxes yet? if the overcontribution was actually in 2024, then that tax year may be affected, not 2025.

Re: Excess 403b contributions from one employe

SteamTrain — Sat, 06 Dec 2025 14:33:48 GMT

Followup:

More information provided by OP in a re-stated new Question at:

Excess contribution to 403b plan