Morph Management Group Reviews. This position turned out to be something that I was not interested in long term, but I feel blessed to have had the opportunity to work for this company while I did. It's basically a fast track to management position. Within 2 months of working here, I had experience with managing time, people, and inventory.
Though you can contribute to both a 401(k) and a 403(b) plan, each dollar you put in a 403(b) plan reduces the amount you can contribute to a 401(k) plan.For example, as of 2012 your maximum deferral is $17,000. If you put $5,000 into your 403(b) plan, the most you can contribute to your 401(k) plan is $12,000.01(k) and 403(b) plan limits combine. Working multiple jobs has its drawbacks, but depending on your employers, it might allow you to contribute to both a 401(k) plan and a 403(b) plan in the same year.
So, you can have a 401k and an IRA at the same time provided you meet the requirements of the particular type of IRA you want. For typical middle-income 401k participants, the 401k-Roth IRA combination is likely the most sensible strategy for several reasons: 1  Roth IRAâs are less retrictive than traditional IRA. If you want to find out if you can contribute to both your 401k and a tax-deductible IRA, youâll need to do considerable homework and/or consult a qualified tax advisor. 2  This IRA Primer is a good starting point. 3  Nondeductible IRA â this is the easiest IRA to understand.