457 B Plan Max Contribution 2024

457 B Plan Max Contribution 2024. That limit includes both employer and employee contributions, although. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.


457 B Plan Max Contribution 2024

The contribution limit for employees who participate in a 457 (b) plan, 403 (b) plan, or the federal government’s thrift savings plan is $23,000 in 2024 (up from $22,500 in 2023). Employees who have access to a 457 plan can contribute up to $19,500 as an elective salary deferral in 2021 or $20,500 in 2022.

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