457b Limits 2024 Catch Up Form
457b Limits 2024 Catch Up Form. The maximum amount you are allowed to contribute to your 457 (b) plan is based on your taxable compensation as defined by the internal revenue code. Employees of state and local governments can stash more money in their 457 plans in 2024 than in 2023.
Employees of state and local governments can stash more money in their 457 plans in 2024 than in 2023. The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer.