These are the IRS approved annual maximum amounts you can contribute into your Principal Retirement account. The limits below are for the total employee contributions each year which include both traditional and roth employee contributions. (See Traditional vs. Roth Contributions)
Any employer contributions that Reliant contributes directly from the account you are responsible for should not be included when determining the maximum amount you can contribute.
SECURE ACT additional Catch-Up
In addition to the below limits, there is a new special catch-up contribution approved within the Secure Act 2.0.
If the employee turns 60, 61, 62, or 63 in the calendar year they will be eligible to contribute an additional $3,750 into the plan.
To put it another way, instead of $7,500 catch-up they can contribute up to $11,250 over the standard limit.
| IRS 403(b)(9) Pension Plan Limits | 2025 Limit | 2024 Limit | 2023 Limit | 2022 Limit |
|---|---|---|---|---|
| 403(b)(9) Employee Deferral Limit | $23,500 | $23,000 | $22,500 | $20,500 |
403(b)(9 Catch-up Contribution *Available for people age 50 and older in excess of the employee deferral limit | $7,500 | $7,500 | $7,500 | $6,500 |
See also Viewing Contribution History to see amounts given year to date.
3 Comments
Barb Seckler
user-b069a - I don't know if you saw this change, can you please publish rates updated for 2017?
Barb Seckler
user-b069a I updated the rates and link for 2018
Barb Seckler
user-2ce9f added 2019 rates