What Is The Maximum 457b Contribution 2024
What Is The Maximum 457b Contribution 2024. Employees age 50 or older may contribute up to an. 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.
For 2024, 457b plan maximum contribution amounts are: The maximum amount that can be carried over to the following year is set to 20% of the contribution limit in the current tax year.