Contribution Limit 457b 2024 Calendar. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.
In 2024, eligible employees who elect to make deferrals to both a 403 (b) and 457 (b) plan will generally be able to contribute up to $23,000 in deferrals to their. The contribution limit for employees who participate in a 457 (b) plan, 403 (b) plan, or the federal government’s thrift savings plan is $23,000 in 2024 (up from $22,500 in 2023).