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  • 2013 Catch-up Contribution Authorization 401(k) Retirement Plan

Get 2013 Catch-up Contribution Authorization 401(k) Retirement Plan

2013 Catch-Up Contribution Authorization 401(k) Retirement Plan The Economic Growth and Tax Relief Reconciliation Act of 2001 ( EGTRRA ) provides for a catch-up contribution for employees age 50 or.

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How to fill out the 2013 Catch-Up Contribution Authorization 401(k) Retirement Plan online

Filling out the 2013 Catch-Up Contribution Authorization for your 401(k) Retirement Plan can be a straightforward process. This guide will walk you through each section of the form, ensuring you complete it accurately and effectively for your retirement savings.

Follow the steps to successfully complete your 401(k) Authorization.

  1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
  2. Enter your personal details in the 'Employee Information' section. This includes your name, social security number, address, city, state, zip code, phone number, email, and date of birth. Fields marked with an asterisk (*) are mandatory.
  3. Indicate your intention to make a catch-up contribution for the 2013 plan year by checking the box that states you wish to make a catch-up contribution. You will be allowed to contribute up to $5,500.
  4. Choose the method of your contribution. You have three options: selecting a percentage of your paycheck, specifying a dollar amount per pay period, or opting for a one-time deduction of $5,500 from your next pay period. Ensure that you allow five business days for processing.
  5. If selecting a one-time deduction for an amount lower than $5,500, ensure you fill in that amount in the designated field.
  6. Review the authorization section where you agree to the terms outlined. Make sure to sign and date the form in the appropriate fields to validate your authorization.
  7. Once you have completed the form, save your changes. You may then download, print, or share the filled-out form as needed.

Take the first step towards maximizing your retirement savings by completing the form online today!

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The annual limits are: salary deferrals - $22,500 in 2023 ($20,500 in 2022; $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; $6,500 in 2020, 2021 and 2022 ($6,000 in 2015 - 2019) if the employee is age 50 or older (IRC Sections 402(g) and 414(v))

$7,500 in 2023, $6,500 in 2022, 2021 and 2020 and $6,000 in 2019 - 2015 to traditional and safe harbor 401(k) plans. $3,500 in 2023, $3,000 in 2022 - 2015 to SIMPLE 401(k) plans. These amounts are subject to cost-of-livingPDF adjustments.

For 2022, any employee of any age saving for retirement through a 401(k), 403(b), most 457 plans, or the federal government's Thrift Savings Plan can contribute up to $20,500 to their plans ($22,500 in 2023). The 2022 catch-up contribution limit for workers age 50 and up is $6,500 ($7,500 for 2023).

The maximum amount you can contribute (your "elective deferrals") to a 401(k) plan has increased for 2012. The limit (which also applies to 403(b), 457(b), and SAR-SEP plans) is $17,000 in 2012 (up from $16,500 in 2011).

The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan remains unchanged at $5,500.

Individuals who are age 50 or over at the end of the calendar year can make annual catch-up contributions. Annual catch-up contributions up to $7,500 in 2023 ($6,500 in 2021-2020; $6,000 in 2015 - 2019) may be permitted by these plans: 401(k) (other than a SIMPLE 401(k)) 403(b)

General limit for 2013 - you may contribute a total of $17,500 in pre-tax or designated Roth contributions to all your plans (not counting 457(b) plans).

In 2013, you can contribute up to $5,500 to your Roth or traditional IRA. If you will be 50 or older by the end of 2013, your contribution limit is actually $6,500 this year thanks to the IRS's “catch-up” provision.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232