Irs 457 Contribution Limit 2024. The limit on elective deferrals under 401 (k), 403 (b), and eligible 457 (b) plans increased to $23,000. Individuals age 50 and older are still able to contribute an extra $7,500 for a total of $30,500.
For example, if your employer. The following limits apply to retirement plans in 2024: