Rural Cooperative deferral limits

[Guest wjr]

Is it true that an employee of a rural cooperative could possibly defer up to as much as $19,000 ($8,500 in 457 plan and $10,500 in a 401(k))? I see in the Code where Rural Cooperative Plans are excluded from coordination as are others. And could not find anything that says otherwise.

[Guest buffalo chip]

If your cooperative has adopted a deferred comp (457) plan and if you or the person you are thinking of is a "highly compensated employee" AND if the cooperative in non-taxable---- yes then you can do both the plans