Maximum 457 Contribution For 2024. Get a quick summary of the 2024 retirement contribution plan limits for plans like 401(k)s, 403(b)s, 457(b)s, iras, and more. The annual limit on contributions will increase to $23,000 (up from $22,500) for 401(k),.
The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer contributions. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.