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Can money in a 457 and 403b at the same time be deferred and what is the limit

snoopy
Level 1

Client wants to contribute to both plans but how much will be deferred?

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sjrcpa
Level 15

Yes they can do both. The maximum 403(b) is allowed, it is the same as 401(k). I'm not sure what the 457 limit is but they can max it, too.

The more I know, the more I don't know.

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sjrcpa
Level 15

Yes they can do both. The maximum 403(b) is allowed, it is the same as 401(k). I'm not sure what the 457 limit is but they can max it, too.

The more I know, the more I don't know.
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