Maximum 457 Contribution For 2024

Maximum 457 Contribution For 2024. Employees age 50 or older may contribute up to an. Income thresholds for tax brackets will increase by approximately 5.4% for 2024.


Maximum 457 Contribution For 2024

The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer contributions. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021.

Maximum 457 Contribution For 2024 Images References :