Arly Shauna

457b Max Contribution 2024 Date. The contribution limits for 401(k), 403(b) and eligible 457 plan elective deferrals and for designated roth contributions are projected to rise to $23,000 in 2024. What are the contribution limits of a 457(b) plan?

In 2024, eligible employees who elect to make deferrals to both a 403(b) and 457(b) plan will generally be able to contribute up to $23,000 in deferrals to their 403(b). 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.