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"The 401k is a CODA as is a SIMPLE. Contributions to those cannot exceed a combined $10K limit. We aren't talking a SIMPLE in this query."


Would you mind double checking? Block's training manual on retrurns for retired people states the combined limit ($10,000 for 1998)on elective deferrals applies to all of the following:

Section 401(k) or the Federal Thrift Savings Plan
Tax-sheltered annuity plans (section 403 (b))
Salary reduction SEPs (section 408(k)(6))
Section 457 (b) plans
Section 501(c)(18)(D) plans and
SIMPLE plans


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