457 Plan 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). If you’re age 50 or older, you can contribute up to $30,500 to both the 403 (b) plan and a governmental 457 (b) plan (if the plan allows) for a maximum 2024 contribution of.
The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less). For 2024, the elective deferral limit increased by $500 compared to 2023.