457b Max Contribution 2024 Over 50. The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less). 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.

Employees aged 50 and older may make additional catchup contributions of $7,500, for a total contribution limit of $30,000 in 2023. 403b max contribution 2024 over 50 elsy karlene, for 2023, the 403(b) max contribution limit is $22,500 for pretax and roth ira.