IRA and 403b Contribution Limits
I am 65 years old and I would for a government agency that offers both 457b and 403b plans. I contribute $24000 into the 457b plan; the max for 2015. Can I put money into a 403b, tax deferred, thereby exceeding the $24000 limit?
Permalink Submitted by Alan - IRA critic on Fri, 2015-04-17 15:35
The 403b and 457 deferral limits are independent of each other. You could contribute 24k to each of them if you have the income to do it.
Permalink Submitted by Mario Paparozzi on Fri, 2015-04-17 15:37
This is so very helpful! I am new to this site, and I greatly appreciate it – and you.Thank you.