Retirement contributions and Bees Knees

[Kram BergGold]

a while ago I think I understood Bees to say, a taxpayer who maxed out his 401(k) or 403(b) could not contribute to a S/E SEP or Keogh. I disagreed but had no authority so I stayed out of the fray. Today I needed an answer, so I called NATP. As it was explained to me, a taxpayer may contribute to a SEP or Keogh even when they have maxed out a 401k or 403b because the contributions to the Self Employed SEP or Keogh are employer contributions ratehr than employee, elective deferal contributions to the 401k or 403b.

[Bees Knees]

The link to the thread where we were discussing the issue is below. The issue was never about employee elective deferrals to a 401(k). It had to do with the $44,000 maximum employer contributions limit between multiple plans.

http://www.thetaxbook.com/forums/showthread.php?t=964