403(b) & 457(b) Retirement Savings Plans Contribution Limits

403(b) employee elective salary deferral limit. Limit applies to the total of pre-tax and Roth 403(b) contributions.

$19,500

$19,500

457(b) deferral limit

$19,500

$19,500

403(b) and 457(b) age 50 or older catch-up limit

$6,500

$6,500

403(b) service-based catch-up for employees with 15 or more years of service who work for a qualifying employer and have under-contributed in prior years.

$3,000

$3,000

457(b) service-based catch-up for employees who have under-contributed in prior years and are within the last three taxable years ending the year before the year they attain normal retirement age as specified under the plan.

457(b) plan participants who are eligible for both the age-based and service-based contributions cannot combine the two catch-up amounts, but may contribute up to the higher amount.

$19,500

$19,500