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The basic salary deferral limit for 2012 is $17,000. The catch-up provision for those 50 and older is an additional $5500.
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What is the maximum 403b contribution for 2011?
17,500
What is the maximum 403b contribution for 2009?
According to "My Money Blog" the maximum amount for a 403b increases to $16,500 for 2009. http://www.mymoneyblog.com/archives/2009/01/2009-401k-403b-maximum-salary-contribution-limits.html
What is the 2011 maximum 403b contribution for age 50 and over?
For individuals aged 50 and over, the maximum 403(b) contribution limit for 2011 is $22,500.
What is the maximum 403b contribution for 2010?
The 402g limit (Pre-tax deferral Maximum) for 2010 is $16,500.
What is the max contribution for 403B 2013?
17000
Is there a maximum age to contribute to a 403b?
There is no maximum age limit for contributing to a 403(b) retirement plan. As long as you are still working and receiving income, you can continue to contribute to your 403(b) account, even past traditional retirement age.
Whit is the 403b contribution limits for 2010?
Same as for 2009. No change.
Where can one find online 403b contribution limits calculators?
A 403b contribution limit calculator can be found at a number of websites, including Dinkytown and Intuit. These will help investors work out the best way to get a return.
What is the 401k maximum contribution for 2009?
The 401(k) maximums for 2009 was established based on a cost of living adjustment. The 2009 Basic maximum 401K contribution amount is set at $16,500. Catch up contributions allow a maximum of an additional $5,500. Catch up contributions would bring the total to $22,000 but you must be 50 years old and above for the additional allowed contribution amount. The 401k Basic maximum contribution figure is also true for the 403b (used by non-profits and educational institutions). But with the 403b there is also a $40,000 "catch up" provision and a 15-year (same employer) "catch up" provision. These are a bit confusing and are best explained by to the employee by the Third Party Administrator (TPA). In 2009 the entire 403b administration rules changed, too. The basic rules are explained more thoroughly at other sites on the web, but beware of the ever changing nature of these regulations and that postings on the internet are often out-of-date. One site, money-zine, (http://www.money-zine.com/Financial-Planning/Retirement/403b-Contribution-Rules/), which came up on a search on 3-27-09 and it is fairly comprehensive, doesn't include the 401k or 403b Roth after-tax contributions that can now be made or the TPA rules. To get the 'right answer' regarding 403b contribution maximums, please do more than Google searches and reading internet information. The IRS.gov site is helpful and has specific rules, but it really takes a knowledgeable TPA to give the correct information for an individual's specific situation. Per the referenced article another important point to remember regarding your 401k maximum contribution limit - the combined total maximum contribution that you can make each year to ALL 401k plans in which you participate, including standard 401k plans and Roth 401k plans - is the lower of: (1) the maximum percentage contribution limit allowed under each of your employers' plans, or (2) the dollar limits shown in the table above. For example, if your employer's 401k plan allows you to contribute up to a maximum of 10% of your salary, and you earn $50,000, your maximum contribution limit is $5,000, not the $16,500 contribution limit in 2009 that applies only to higher-paid employees
Does the employer match portion of a 403b counts towards the 2008 max of 15500?
No, the employer matching contribution does not count toward the $15,500 contribution limit for 2008. If you are over age 50 at any time in 2008, you can contribute an additional $5,000 to your 403b plan.
How long after your 403b contribution is deducted from your paycheck should it take to be credited to your 403b account?
That is a guideline of the plan document and varies by the manner by which an employer transfers the funds to the plan. Ask your employer or the plan reperesentative for specifics.
What is the IRA contribution limit for 2012?
For the year 2012, the most one can contribute to an IRA is $5000 a year for those 49 or younger. Those who are 50 or older, the maximum contribution is $6000 per year.
