Question: The Section 4 0 3 ( b ) / tax - sheltered annuity ( TSA ) special lifetime catch - up contribution ( not the

The Section 403(b)/tax-sheltered annuity (TSA) special lifetime catch-up contribution (not the 50 and over catch-up)
A)
is limited to a lifetime maximum of $15,000.
B)
is available to employees who work for any government organization.
C)
is available to employees of a Section 501(c)(3) organization who have completed 10 or more years of service.
D)
allows participants to contribute up to $7,500 in 2025 in addition to their regular deferral limit.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!