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Irs 457 Plan Contribution Limits 2024. In 2024, employees may contribute up to $23,000 into workplace 401 (k), 403 (b) and certain 457 plans, a $500 increase from the prior year. 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.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.
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