2024 Contribution Limits 457. The dollar limitation for catch. The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less).
457 contribution limits for 2024. The 401k/403b/457/tsp contribution limit is $22,500 in 2023.
457(B) Contribution Limits Will Increase From $22,500 To $23,000 In 2024.
100% of the participant’s compensation;
Employees Age 50 Or Older May Contribute Up To An.
For 2024, employees may contribute up to $23,000.
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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That’s An Increase Of $500 Over 2023.
For individuals age 50 and older, the.
If Your Employer Offers A.
Annual contributions to a code §457(b) plan sponsored by a nonprofit can’t exceed the lesser of: