Bert0611
Level 3

TP works for a company the offers a 401K and a university that offers a 457 plan.  Combined income for 2021 will be around $120K.

What I have been reading appears to indicate that the TP can make the max $19,500 to each plan.

Am I understanding this correctly?  Don't want to worry about excess contributions.

Thanks in advance.

 

Roberta

 

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