2024 Max 457 Contribution Limits. [2024 update] the annual contribution limit for 2024 saw a $500 increase over 2023 levels. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.

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