How Much Can You Contribute to a 403(b) for 2019?
by Rivan V. Stinson, Staff Writer, Kiplinger's Personal Finance
Jun 13, 2019
3 minutes
Public school teachers, church staff, not-for-profit hospital workers and other employees of nonprofits are eligible to sock away thousands of dollars each year in a 403(b) retirement plan at work.
403(b) Contribution Limits for 2019
The maximum amount an employee can elect to contribute out of salary to a 403(b) retirement plan for 2019 is $19,000, up from $18,500 in 2018. If you're 50 or older, you can contribute an additional $6,000 as a catch-up contribution for 2019, bringing your contribution total to $25,000.
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