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Irs 457 B Contribution Limits For 2024
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Irs 457 B Contribution Limits For 2024. The maximum contribution limit on elective salary deferrals will increase from $22,500 to $23,000. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.
Employees age 50 or older may contribute up to an. The elective deferral limit for employees who participate in 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan increases from.
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