Maximum 457 B Contribution 2024. Employees age 50 or older may. 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.

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. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.