457 Plan Contribution Limits For 2024 India. 457 (b), 403 (b), and thrift savings plans. The maximum amount a person can contribute to a section 457 deferred compensation plan is set each year by the irs after taking inflation into account.
This change is significant, not only in the context of encouraging higher savings rates among. 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.