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Please input the Representative's phone number: representative's phone number.Copyright ©, TSA Consulting Group, Inc. (TSACG) - The information on this website is produced by TSA Consulting Group, Inc.

To provide accurate information with regard to the subject matter covered. It is not intended to be a substitute for qualified counsel. TSA Consulting Group, Inc. Is not engaged in rendering legal, accounting or tax advice. If legal or other professional assistance is required, the services of a competent professional should be sought. The basic limit is 100% of your includible compensation up to.Service Based Catch-Up Limit:Under IRC Section 402(g), if you have been employed by the District greater than or equal to fifteen (15) years and your contributions to all plans (403(b), 401(k), etc.) have not averaged greater than or equal $5,000.00 per year (total past contributions divided by past years of service), you may be able to contribute up to an additional $3,000 per year.

The total aggregate dollar amount of this catch-up provision over your career is calculated by adding together the catch-up amounts utilized for all years. Etka 8.1. TSA Consulting Group, Inc.

Certifies the above calculation meets the IRS guidelines only for the year it was calculated, assuming that all information provided by the employee and/or the employer is accurate and complete. These calculations have been provided for informational purposes only. Participants are responsible for ensuring that total annual contributions to all 403(b), 457 or 401(k) accounts do not exceed the maximum allowable contribution limits.Maximum allowable contribution limits should be reviewed each year to ensure that all contributions remain within IRS Guidelines.