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Level 1
posted Feb 10, 2021 1:02:30 PM

403b Special Catch Up Error (known issue)

My 403b allows a special catch up of $3000 in addition to the standard withholding ($19,500) and the over 50 catch up ($6,500) for a total of $29,000).  TurboTax does not recognize this (only recognizes the $19,500 and $6,500) and gives an error message saying I have over-contributed by $3000.  How can this be fixed so I can e-file?  I see in other threads that this has been an issue for the past two years.

 

https://ttlc.intuit.com/community/retirement/discussion/easy-what-date-will-tt-software-allow-for-special-age-based-contributions-to-403-b-and-3-year/01/1066610#M83570

 

https://ttlc.intuit.com/community/retirement/discussion/my-employer-allows-both-an-age-50-and-15-year-catch-up-contribution-to-my-403-b-retirement-plan-how/00/371323

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2 Replies
Returning Member
Mar 7, 2021 5:26:01 PM

Any ideas on when the 15 year catch up provision will be fixed?

Level 1
Mar 19, 2022 10:44:02 AM

Looks like never is the answer to that question.  :(  Pretty sad.