457 B Max Contribution 2024. 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. The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less).

Employees age 50 or older may contribute up to an. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.