SIMPLE IRA + 401(k) maximum employee deferral | Ed Slott and Company, LLC

SIMPLE IRA + 401(k) maximum employee deferral

An employee participate in a simple and 401k with 2 separate unrelated employers.

What is the maximum they can defer into each plan? How/when does the 402g limit come in to play?

Max SIMPLE IRA salary reduction contribution is 13k. Max 401k contribution is 19k less the amount of SIMPLE IRA contributions.

 

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