solo401k from self employment/403b from part time job?

igsoy · 09-17-2007, 02:09 AM

Does anyone know: Can you have both kinds of these accounts simultaneously as long as your total does not exceed $15500? I have looked for an answer online (IRS website, etc...) and have found no information.

**Martha** · 09-17-2007, 12:34 PM

Man I am frustrated today by the search function!

Publication 560 (2006), Retirement Plans for Small Business Has some info on contribution limits when you have multiple plans.For a nice plain language description of contribution limits when you have multiple plans, I suggest reading this article: Common Questions About Retirement Plans

igsoy · 09-17-2007, 01:14 PM

Thanks Martha, that is exactly what I was looking for.
This members of this forum sure are a great resource.

09-17-2007, 02:09 AM	#1
igsoy Recycles dryer sheets Join Date: Jun 2005 Posts: 234	solo401k from self employment/403b from part time job? Does anyone know: Can you have both kinds of these accounts simultaneously as long as your total does not exceed $15500? I have looked for an answer online (IRS website, etc...) and have found no information.

09-17-2007, 12:34 PM	#2
Martha Administrator Join Date: Feb 2004 Location: minnesota Posts: 9,848	Man I am frustrated today by the search function! Publication 560 (2006), Retirement Plans for Small Business Has some info on contribution limits when you have multiple plans.For a nice plain language description of contribution limits when you have multiple plans, I suggest reading this article: Common Questions About Retirement Plans __________________ . Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.

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09-17-2007, 01:14 PM	#3
igsoy Recycles dryer sheets Join Date: Jun 2005 Posts: 234	Thanks Martha, that is exactly what I was looking for. This members of this forum sure are a great resource.

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