How Much Can Be Contributed to My 403(b) Account?There are limits on the amount of contributions that can be made to your 403(b) account each year. If contributions made to your 403(b) account are more than these contribution limits, penalties may apply. Chapters 2 through 8 provide information on how to determine the amount that can be contributed to your 403(b) account for 2001. Chapters 9 and 10 provide information on figuring the amount that can be contributed to your 403(b) account in 2002.
Worksheets are provided in chapter 13 to help you determine the maximum amount that can be contributed to your 403(b) account each year. Chapter 11, Excess Contributions, describes steps you can take to prevent excess contributions and to get an excess contribution corrected. |