Chapter 2
Maximum Amount
Contributable (MAC) for 2001

This chapter applies only to 2001. The rules for determining MAC for 2002 are explained under Maximum Amount Contributable (MAC) in chapter 9.

Throughout this publication, the limit on the amount that can be contributed to your 403(b) account for any year is referred to as your maximum amount contributable (MAC). This chapter:

• Introduces the components of your MAC for 2001,
• Tells you how to figure your MAC for 2001, and
• Tells you when to figure your MAC.

If in 2001, you contributed to both a 403(b) plan and a 457 plan, the information discussed in this chapter does not apply to you. You will need to read chapter 8.

• Components of Your MAC
• How Do I Figure My MAC?
• When Should I Figure My MAC?

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