Four types of 403(b) plan sponsors are permitted to include 15-years-of-service contributions:
Plan sponsors who include the 15-years-of-service catch-up in their 403(b) plan must limit its availability to employees who:
Eligible employees may contribute up to an additional $3,000 per year under this catch-up feature.
Our services include the review and monitoring of all participant requests to make 15-years-of-service catch-up contributions.