Can You Max Out Both Your 403(b) and 457(b) Plans?

<p>If you are employed and work for a hospital system or plan to work for one in the future, do you have access to a 401(k), 403(b), and/or 457(b) retirement plans?&nbsp;&nbsp;&nbsp;</p> <p>In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about how different retirement plans interact collectively. Can you max out both your 403(b) and 457(b) plans?</p> <h3><strong>Topics Discussed:</strong></h3> <p>Tax shelter limits for 401(k), 403(b), and 457(b) retirement plans</p> <ul> <li>Maximum for Employees: <ul> <li>401(k)/403(b) is $20,500 combined per year</li> <li>457(b) is $20,500 separate limit</li> </ul> </li> <li>Retirement plans with mandatory and required contributions</li> <li>457(b): Governmental or non-governmental plan, which is better and why?</li> </ul> <h3><strong>Links:</strong></h3> <p><a href="https://financeforphysicians.co/contact/">Contact Finance for Physicians</a></p> <p><a href="http://financeforphysicians.co">Finance for Physicians</a></p>