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(1) New temporary Maximums 2005 $14,000 2006 $15,000 (2) Over 50 Catch Up If a person is over 50 or will turn 50 anytime during 2002, that person can contribute an additional $1,000 to each plan. These amounts will increase over time as well. 2005 $4,000 temporary 2006 $5,000 (3) 15 Year Rule Catch Up for 403 B Plan This lifetime catch up provides temporary employees, with at least 15 years of FTE service and a history of low contributions to a 403 B Plan, to make an additional contribution of $3,00 per year for five years, up to a $15,000 maximum on aggregate contributions. Currently this 15 year rule catch up is allowed in addition with the over age 50 catch up. This could change based on legislative changes. (4) Special Catch Up for 457 Deferred Compensation Plan This catch up feature allows an employee, who is within 3 years of normal retirement age (i.e.,
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