IRS 403b Annual Contribution Limits

Link to Iowa Retirement Investors' Club (RIC) websiteGoing Up!

IRS announces increase to 403b plan contribution limits for 2019.

To change the amount of your contributions, complete the RIC 403b Salary Reduction Form. For more information about RIC, click here.


Year Regular Age 50+ 15-Yr Catch-Up Total EE Total EE+ER
  The lesser of 100% of compensation* or: Regular limit + $6,000 for employees age 50+ Regular limit + $3,000 (must be employed w/current employer 15+ yrs & meet other eligibility rules) Combined maximum if eligible for Age 50+ & 15-Yr Catch-Up limits Combined maximum of employer & employee contributions
2019 $ 19,000 $ 25,000 $ 22,000 $ 28,000 $ 56,000
2018 $ 18,500 $ 24,500 $ 21,500**  $ 27,500 $ 55,000***

Please Note: The combined amount of all 403b and 401k pretax and post-tax Roth elective contributions in a tax year is limited to the IRS maximum contribution limits shown above. You may download and print (IRS 403b Limits PDFIRS 457/403b Limits PDF)


* Compensation is your gross salary minus your retirement (IPERS) deductions. The maximum amount you may contribute is reduced by deductions for FICA, insurances, flexible spending accounts, employee organizations, assignments, and other like items. Contributions must not exceed the IRS maximum limits shown above.
** A calculation is required to determine the actual amount available under the 15-Year Catch-up. If an employee is eligible for both catch-ups in the same year, that year's 15-Year Catch-up must be used first, before contributing under the Age 50+ Catch-up. To be eligible to utilize the 15-year catch-up, a participant must have worked for the current employer full-time for at least 15 years, used less than the lifetime maximum of $15,000, and contributed an average annual contribution of $5,000 or less.
*** Total limit for employees age 50+ who contribute the full Age 50+ Catch-Up is $61,000 for 2018 and $62,000 for 2019.