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    How Much Can You Contribute to a 403(b) for 2020?

    by Rivan V. Stinson, Associate Online Editor, Kiplinger.com Jan 10, 2020 3 minutes

    The maximum amount an employee can elect to contribute out of salary to a 403(b) retirement plan for 2020 is $19,500. If you're 50 or older, you can contribute an additional $6,500 as a "catch-up" contribution for 2020, bringing your contribution total to $26,000. (These amounts are higher than those for 2019.)

    As with a , money going into a 403(b) through payroll deductions hasn't yet been taxed. The contributions and earnings grow tax-free until you withdraw

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