I’m a metropolis worker and we’re supplied a 457 plan in addition to a 401k plan. We’re permitted to enroll in each.
At the moment I’m solely enrolled within the 457 as a result of I even have a solo 401k for my small enterprise with constancy.
Anyway, each the 457 and 401k at work have a Roth choice. They each permit $23,500 pretax and one other $7000 Roth contribution inside their respective account.
I contribute the max of every to the 457 and nothing to the 401k presently. As a result of it’s inside that account as an choice, am I allowed to double down on it and contribute to Roth on each?
I’d ask my accountant this however it’s a Sunday, so Reddit it’s.
submitted by /u/Darlhim89
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