Re: Contribution limits on 401k and 403b
The absolute limit for a 403(b) is $19,000 for 2004 ($21,000 for 2005). In addition to the $13,000 you mentioned, there are two "catch-up" provisions: *
1) If you have 15+ years of service you may be able to contribute an additional $3000 under the "15 year rule".
2) If you will be age 50 or more by 12/31/2004 you can also contribute another $3000 for 2004.
As of 2002, an individual may participate in a 457 plan and a 403(b) plan at the same time. Some employers won't allow it. I have never heard of an employer offering a 401(k) in addition to the other two.