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403(b)/457(b): How Much Can I Contribute?
ALERT!!
Effective 08/08/2008, no changes will be made to CCC’s legacy
website, now with Internet address www.ncompliancelegacy.com. Henceforth, www.ncompliance.com
goes directly to CCC's new, dynamic, database supported website.
For many months now, CCC has been developing and testing a new, dynamic, database-supported website,
which now resides at www.ncompliance.com, while at the same time maintaining this website, which is
now our legacy website (www.ncompliancelegacy.com). Development of the new website was essential to
allow CCC to provide dedicated sections of its website to more than 50 new clients accumulated since
publication of the Final 403(b) Regulations on July 23, 2007. We chose completion of the Plan Document
System on the new website as the appropriate time to migrate from the legacy website, even though
considerable work remains to be done. Specifically, we will be working with Vendors through the end
of calendar year 2008 to incorporate updated Vendor information into the new website. Moreover, 457(b)
Deferred Compensation Plan (DCP) information remains only on this legacy website, but those CCC clients
for which we are managing their 457(b) Plans may continue to refer to this legacy website until the full
migration has been accomplished.
We are very proud of our new website, especially the Plan Document System and the Content Management
System (CMS), which allows Client Employers and Vendors to manage the content of their own sections of
the website. We hope you share our enthusiasm and will create links form your own websites to your
dedicated sections of the CCC website. Doing so will provide everything your employees need to know
about their 403(b) Program.
403(b) MAC
Your maximum allowable contribution (MAC) to the 403(b) plan depends on
your age and years of service with the District. Also, the elective deferral
limits are scheduled to increase each year through 2006. For additional
details on your 403(b) MAC calculation, go to 403(b)
elective deferral information.
457(b) MAC
Your maximum allowable contribution (MAC) to the 457(b) plan depends on
your age and your normal retirement age. Again, the contribution limits
are scheduled to increase each year through 2006. For additional details
on your 457(b) MAC calculation, go to maximum
457(b) contribution information.
Request A
Personal Calculation
If you are interested in maximizing your contributions and would like
to have a personal calculation performed, click on the above link. CCC
makes these calculations for District employees as one of its compliance
assurance and plan administration services.
Frequently Asked Questions
If you still have questions, check out the answers to these Frequently
Asked Questions (FAQ).
Ask Your Own
Questions
Click on this link to pose your own questions to Carruth Compliance Consulting,
by electronic mail (email), telephone, fax, or any standard mail carrier.
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