457 Plan Contribution Limits For 2024

457 Plan Contribution Limits For 2024.  — 457(b) contribution limits will increase from $22,500 to $23,000 in 2024. Annual contributions to a code §457(b) plan sponsored by a nonprofit can’t exceed the lesser of:


457 Plan Contribution Limits For 2024

Defined benefit plan benefit limits. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.

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