Contribution Limit 457b 2024 Olympics. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024. It assumes that you participate in a single 457(b) plan in 2024 with one employer.
The benefits of 401 (a) and 457 (b) plans. 2024 contribution limit your contribution limit for 2024 is $23,000.