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.
1 The fact is, for tax year 2007, an individual, even if they contributed to a 401(k) in 2007, can contribute up to $4,000 to an IRA. And they have until April 15, 2008 to make a contribution. For 2008, an individual can contribute up to the annual contribution rates for both a 401(k) ($15,500) and an IRA ($5,000). Those age 50 or older can also add an extra $1,000 to an IRA and $5,000 to a 401(k).