Multiple 401(k) Rules #retirement #personalfinance #wealth #money #doctor #success

Multiple 401s for each individual unrelated employer, you get a separate 415c contribution limit $69,000 a year for those under 50, and it includes all contributions to the 401. That's employee contributions, employer contributions, and employee after tax contributions limit $69,000 a year. If you have a 403, not a 401 and a solo 401, those two actually share the same 415C limit. It's just this weird quirk of 403s. Hope that's helpful. Hope that's not confusing. Those of you who are confused by this discussion, go to the website, go to the search bar, put in multiple 401 rules. That blog post will pop up. It goes into great detail on all these things I've talked about, as well as some other related things.