Job Duties: 1  Create characters, storyboards and backgrounds for animation in a two-dimensional space. 2  Bring creative ideas and concepts to life by creating characters, backgrounds and scene transitions.
When you contribute more than the maximum allowed to your 401(k) plan, you can't exclude the excess from your income in the year you make the contribution. For example, if you contribute $3,000 extra, you must include that $3,000 as taxable income.
In addition, the money will be taxed a second time when you take distributions. For example, assume your total contribution limit for the year is $20,000. If you contribute $15,000 to a 401(k) plan and $10,000 to a 403(b) plan, you're over the limit by $5,000.You must pay the taxes on this $5,000, just as if you had not contributed it.or example, if your annual contribution limit is $17,000 and you defer $10,000 into your 401(k) plan, you cannot defer more than $7,000 into your 403(b) plan or any other 401(k) plans.