457 B Contribution Limits 2024 Over 50

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457 B Contribution Limits 2024 Over 50. If your goal is to contribute the standard 457(b) maximum, you would need to contribute $884 per biweekly paycheck ($23,000 for the calendar year). The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.


457 B Contribution Limits 2024 Over 50

I estimate it will stay the same at $3,500 in 2025. The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less).

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