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What Is the Maximum Contribution to a 403B Plan?

A 403B plan is a tax-sheltered annuity sponsored by employers of tax-exempt organizations. Employees are allowed to make salary reductions up to 100 percent of income.

  1. Maximum Employee Contribution

    • The 2010 maximum contribution employees can make is $16,500. This must come directly from payroll deductions.

    Catch-Up Contributions

    • Employees older than the age of 50 are allowed to make catch-up contributions. The maximum catch-up contribution is $5,500 thus allowing those closer to retirement to save up to $22,000 directly from salary.

    Employer Contributions

    • Employer can match contributions. While employer contributions limits are not considered part of the employee's maximum contribution limits, the total annual contributions together must not exceed $49,000 or 100 percent of employee wages.

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