debbiebaze

Governmental 457b paired with 401a Contribution Limits

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debbiebaze    0

Is it permissible for the employee to contribute the maximum ($18k + catch up if eligible) into the 457b plan and the employer put up to $53k in the 401a plan?

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debbiebaze    0

Would the 404(a)(7) deduction limit (25% of compensation) apply to employer contributions made into a 401(a) plan by a governmental employer?

Thank you so much for your help!

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