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403 (b) and Employee SIMPLE in same year

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    #1

    403 (b) and Employee SIMPLE in same year

    Client participated in a 403 (b) at a W-2 job for the first half of the year. Now has a new job with a SIMPLE. Is there a combined maximum amount she can't go over?
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    #2
    Originally posted by Kram BergGold View Post
    Client participated in a 403 (b) at a W-2 job for the first half of the year. Now has a new job with a SIMPLE. Is there a combined maximum amount she can't go over?
    Combined max would be the highest of the two, and subject to limitations of each. For example, 403b (under 50) is 18K. If she put 5K to 403b, she is still limited to 12,500 for SIMPLE even though the total would be 17,500 as opposed to 18K.

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