Considering the ever-present threat of an IRS audit, savvy organizations are taking the appropriate steps to ensure their employees are not exceeding the legal limits. Accurate Maximum Annual Contribution (MAC) calculations are a must, as is an ongoing system to monitor employee contributions so that excess contributions can be avoided. The absence of such controls can turn a plan into a liability.

Legend has developed our own proprietary software for this calculation. Because the software is designed by Legend, we guarantee the calculation so you will not have problems with over-contributions to 403(b) accounts.