Pretty sure I know the answer but just to confirm...
If you max out your contributions to a 401k by mid year (say), then get another job at a different employer, you cannot sign up for their 401k until the next calendar year, correct? Otherwise you will have over contributed.
The other question, say you weren't paying attention and did it anyway - fully funded 2 401ks at 2 employers in one year. Is there any mechanism by which the feds would find out? I assure you I ask this out of mere academic interest.
If you max out your contributions to a 401k by mid year (say), then get another job at a different employer, you cannot sign up for their 401k until the next calendar year, correct? Otherwise you will have over contributed.
The other question, say you weren't paying attention and did it anyway - fully funded 2 401ks at 2 employers in one year. Is there any mechanism by which the feds would find out? I assure you I ask this out of mere academic interest.