457 Max Contribution 2024 . For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. 457 (b) contribution limits will increase from $22,500 to $23,000 in 2024.
These amounts apply to each plan, allowing you to contribute. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
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