Several changes have been made to how you determine the maximum amount that can be contributed to your 403(b) account (your MAC) for 2002. Among these changes are the:

• Repeal of the maximum exclusion allowance (MEA),
• Repeal of the minimum exclusion allowance for certain church employees,
• Repeal of the coordination rules between 403(b) plans and 457 plans,
• Repeal of the alternative limits on annual additions,
• Changes in how the limit on annual additions is figured, and
• Increase in the limit on elective deferrals.

This chapter explains the new rules you need to figure your MAC for 2002 and can help you use them.

Beginning in 2002, in addition to your MAC, you may be able to make catch-up contributions to your 403(b) account. See chapter 10.

Some of the distribution and rollover requirements for 403(b) plan participants also changed. See chapter 12.

• Maximum Amount Contributable (MAC)
• Ministers and Church Employees
• Contributions to Both a 403(b) Plan and a 457 Plan

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