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ninamkhan
New Member

I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

I can open an IRA but my spouse has a 401k and our total MAGI may be higher than IRS limits, so I may not get tax advantage with IRA. Unless there is a way.
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I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?  NO... contributions to a 457b for 2023 must be made in 2023...too late now.

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I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

ninamkhan
New Member

I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

Sorry @Anonymous_  - did you mean to add a reply?  Or were you asking @Critter-3  to weigh in on this?

I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

Yes, waiting for @Critter-3 

I started working for CA state in Nov'23. My 457b account is not yet open. Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?

Can I contribute to 457b before Tax-day in 2024 to get 2023 tax deferred advantage?  NO... contributions to a 457b for 2023 must be made in 2023...too late now.

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