401(k)'s, 403(b)'s, 457's and money purchase pension plans.

[Guest]

I'll put this question here since I can't find a better board. The 457 limit of $8,000 is reduced by elective deferrals to 403(B) and 401(k) plans. Can a school district maintain a 457 plan and a money purchase pension plan without district contributions to the mppp reducing the 457 limit? Example: Can a $100,000 administrator defer $8,000 in the 457 and receive a $4,000 mppp contribution?

[Everett Moreland]

Yes

[Jon Chambers]

Absolutely yes. The MPPP has no impact on the deferred comp limits.