501(c)(3) double 415 limits?

[Flyboyjohn]

I recently heard that a 501©(3) org can sponsor both an ERISA 403(b) and a 401(a) plan and get a double 415 limit ($52,000 ER contribution to each plan for a single employee), sounds too good to be true?

I know if the plans allow elective deferrals there's a single 402(g) limit but can I also have a 457(b) for another $17,500 on top of the $104,000 to the 403(b) and 401(a) plans?

Thanks

[ETA Consulting LLC]

This is true. The 415 limit under a 403(b) plan goes to the individual tax payer; while the 401(a) plan will go to the 501©(3) company. Hence, if an employee of the 501©(3) has a separate business, they may be limited in what they can contribute to a SEP sponsored by their individual business.

Good Luck!