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

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  • nwtaxlady
    Senior Member
    • Sep 2009
    • 419
    #1

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

    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
    Tags: None
    • nwtaxlady
      Senior Member
      • Sep 2009
      • 419
      #2
      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...etirement-plan

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        • Dude
          Senior Member
          • Dec 2018
          • 361
          #3
          Yes you can BUT be mindful of the 415 limit which includes employer contributions.
          "Dude, you are correct" Rapid Robert

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