403(b) SERVICE BASED CATCH-UP REQUEST FORM
Step 1 of 3: Supply Information | Step 2 of 3: Confirm Entries | Step 3 of 3: Submission Confirmation
- Please supply the information requested below.
- Read all agreements on this form before submitting.
- Fields having an asterisk notation are required.
Your employer’s 403(b) plan permits eligible participants to utilize the Service Based Catch-Up provision. This catch-up permits employees with 15 or more years of service to contribute up to an additional $3000 beyond their base limit,
allowing individuals over age 50 to contribute $29000 in 2020 ($22500 for employees under age 50.) In addition, a 403(b) participant must have contributed less than an average of $5,000/year over the course of their employment. By
submitting the electronic form below, you request that Tax Deferred Solutions determine your eligibility to utilize the Service Based Catch-Up.
403(b) Plan Sponsor:
Please provide the information for the employer with whom you'd like to utilize Service Based Catch-Up.