Irs 2024 457 Contribution Limits

Irs 2024 457 Contribution Limits. The deductibility phaseout for ira contributions for those with a retirement plan at work increases.  — contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs says.


Irs 2024 457 Contribution Limits

For 2024, the irs limits contributions to the 401 (a) plan on behalf of any participant to the lesser of $69,000 or 100 percent of the participant’s.  — deferrals limited by compensation although plans may set lower deferral limits, the most you can contribute to a plan under tax law rules is the lesser of:

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