457 Contribution Limits 2024 Over 50. The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer contributions. If you’re turning 50 or older and exceed the irs elective deferral (or annual additions) limit, then your contributions will automatically start counting toward the irs.
To take advantage of the age 50+ catch up, you could contribute up to $1,173 per biweekly paycheck ($30,500 for the calendar year). 457(b) deferred compensation plan contribution limits.
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