457b 2024 Contribution Limits
Even if you contribute 5%, the employer still only contributes 3%. 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.
The contribution limits for the 401(k) and 403(b) plans are the same. The following limits apply to retirement plans in 2024: