Guest Keith371 Posted February 3, 2003 Posted February 3, 2003 Is it possible for an employee to make SIMPLE and work for a separate employer and make contributions to that plan as well?
Guest Keith371 Posted February 3, 2003 Posted February 3, 2003 read b4 you post I meant to say make contributions to a SIMPLE and 401k plan though separte employers.
Appleby Posted February 3, 2003 Posted February 3, 2003 Keith371 - Did you know you can edit your posts?- just click on the ‘edit’ button. The answer is yes. However, the employee will be subjected to the 402(g) limit, which means that between the two plans, he/she will not be able to defer more than $12,000 for 2003 ($11,000 for 2002) Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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