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Contribution limits for 403(b)s and other retirement plans can change from year to year and are adjusted for inflation. Here are the limits for 2023 and 2024. 403(b) plan limits.
403(b) and 401(k) contribution limits. Both plans have the same limits on what workers can contribute to the plans annually. In 2024 the annual limit on contributions is $23,000 in both 403(b) and ...
403(b) contribution limits. Employees can contribute up to $23,000 in 2024. Those over age 50 can also contribute up to an additional $7,500 in catch-up contributions. ... Like a 401(k), 403(b ...
Beginning in 2006, 403(b) and 401(k) plans may also include designated Roth contributions, i.e., after-tax contributions, which will allow tax-free withdrawals if certain requirements are met. Primarily, the designated Roth contributions have to be in the plan for at least five taxable years and you have to be at least 59 years of age.
For 2025, you’ll be able to increase your annual contribution to your 401(k), 403(b), governmental 457 plans, and the federal government's Thrift Savings Plan to $23,500, up from $23,000.
The catch-up contribution limit that applies to employees aged 50 and up enrolled in most 401(k), 403(b), governmental 457 plans and the Thrift Savings Plan will remain at $7,500 for 2025. Workers ...