topic IRA and 403b contribution in Investors & landlords

IRA and 403b contribution

tmolin — Mon, 09 Mar 2026 09:10:41 GMT

I work at a company where I contribute to a company offered 403b. My wife works but does not have a company 401k or 403b. Can we both contribute to an IRA? Are there contribution limits? I don't want to over contribute and get hit with a penalty.

Re: IRA and 403b contribution

LudwigVan_fan — Sat, 05 Mar 2022 21:13:19 GMT

Here is a link to Publication 590-A; Contributions to IRAs

This should answer your questions. It will give limits etc. Page 13 has a table that lists limits if you or your spouse have a retirement plan with an employer. Be sure to keep reading though and not rely solely on Table 1-2

https://www.irs.gov/pub/irs-pdf/p590a.pdf

Re: IRA and 403b contribution

tmolin — Sun, 06 Mar 2022 16:56:46 GMT

Thanks for the link and pointing me to the answer. I was searching some document and this is it. Again, thank you.