2024 Contribution Limits 457. For 401(k) plan holders, the. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401(k), 403(b), and most 457 plans.


2024 Contribution Limits 457

Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023. There are limits to how much employers and employees can contribute to a plan (or ira) each year.

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