457 B Contribution Limits 2024

457 B Contribution Limits 2024. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. For individuals under age 50, the maximum contribution to 401(k), 403(b), and 457(b) plans increased to $23,000.

The 401k/403b/457/tsp contribution limit is $23,000 in 2024. 403 (b) contribution limits are $22,500 in 2023, and $23,000 in 2024.