457 Plan Max Contribution 2024 India. Those aged 50 and older will continue to have the. That’s an increase of $500 over 2023.

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 403(b). Those with 401(k), 403(b), 457 plans, and similar accounts will see a $500 increase for 2024, the limit rising to $23,000.