403b Limitation - Formally called MEA
This module is used to determine the maximum amount your client can contribute to their 403(b) account for the contribution year selected. The actual maximum allowed consists of more than just section 403(b) of the IRS code, it also must take into consideration sections 402(g) as well as 415. The 2002 version includes the new EGTRRA tax law changes including the new age 50 catch-up and the correct calculation for the special 15 yr service catch-up. The input screen is shown below with an example of the printout following it.
