Thomann Tax Retirement Plan Contribution Table-2020

Thomann Tax Retirement Plan Contribution Table-2020

Participating In

General limit Age 50 catch-up 15-yr catch-up (403b only) *

Highest possible max in 2020

457(b) only

$19,500 $6,500
(total of $26,000)
N/A

$26,000 or up to $39,000 if eligible for
3-yr
catch-up

401(k) only

$19,500 $6,500
(total of $26,000)
N/A

$26,000

403(b) only

$19,500 $6,500
(total of $26,000)
Up to $3,000

$29,000

457(b) and 401(k)

$19,500 per plan $6,500 per plan N/A

$52,000 or up to $65,000 if eligible for
3-yr
catch-up

457(b) and 403(b)

$19,500 per plan $6,500 per plan Up to $3,000

$55,000 or up to $68,000 if eligible for
3-yr
catch-up

401(k) and 403(b)

$19,500 in aggregate $6,500 in aggregate Up to $3,000

$29,000

457(b), 401(k), and 403(b)

$19,500 to 457(b) and $19,500 in aggregate to 401(k) and 403(b) $6,500 to 457(b) and $6,500 in aggregate to 401(k) and 403(b) Up to $3,000

$55,000 or up to $68,000 if eligible for
3-yr
catch-up

*TRS NYC TDA plan is a 403(b) retirement plan