Max 457b Contributions 2024. 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). The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.

Every year, the irs announces the latest contribution limits for retirement savings accounts (including 401 (k), 403 (b), certain 457 (b) plans and ira contributions), as well as. Participants who are 50+ can save an additional.