Example

Max has figured the limit on annual additions. The only other component needed before Max can determine his MAC for 2026 is the limit on elective deferrals.

Figuring Max's limit on elective deferrals. Max has been employed with the current employer for less than 15 years. Max isn’t eligible for the special 15-year increase. Therefore, the limit on elective deferrals for 2026 is $24,500, as shown in Table 4-2.

Max's employer won’t make any nonelective contributions to the 403(b) account and Max won’t make any after-tax contributions. Additionally, Max's employer doesn’t offer a Roth contribution program.

Figuring Max's MAC

Max has determined that the limit on annual additions for 2026 is $72,000 and the limit on elective deferrals is $24,500. Because elective deferrals are the only contributions made to Max's account, the maximum amount that can be contributed to a 403(b) account on Max's behalf in 2026 is $24,500, the lesser of both limits.

14 Chapter 4 Limit on Elective Deferrals Publication 571 (1-2026)

Table 4-2. Worksheet 1. Maximum Amount Contributable (MAC) Note: Use this worksheet to figure your MAC.