457 Plan Max Contribution 2024. Make an additional contribution—up to a grand total of $45,000 for 2023 or up to $46,000 in 2024—if you're within three years of your normal retirement age. Those with 401 (k), 403 (b), 457 plans, and similar accounts will see a $500 increase for 2024, the limit rising to $23,000.
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 403(b) plan. It assumes that you participate in a single 457(b) plan in 2024 with one employer.
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