can you max out BOTH 403(b) AND 457?

[nwtaxlady]

Public Universities offer both the 403b and the 457 plans. Can taxpayer contribute to both and max out for both of $20,500 to each for 2022? So they would be deferring total of $41,000.
Or is it limited to just $20,500 between the two plans? TIA

[nwtaxlady]

I just found the answer to my question. Looks like you CAN do both! Anyone that wants to know!

https://www.irs.gov/retirement-plans/how-much-salary-can-you-defer-if-youre-eligible-for-more-than-one-retirement-plan

[Dude]

Yes you can BUT be mindful of the 415 limit which includes employer contributions.