457 Max Contribution 2024. Contribution limits are determined by the internal revenue service (irs) each year. 457(b) contribution limits will increase from $23,000 in 2024 to $23,500 in 2025.
In 2023, the annual contribution limit for a 457(b) plan is $22,500. The limit on elective deferrals under 401 (k), 403 (b), and eligible 457 (b) plans increased to $23,000.