Deferred Compensation 457 Max 2024

Deferred Compensation 457 Max 2024. As with contributions to a traditional 401(k) or contributions to a 403(b), money goes into a 457 before you pay income taxes on it.the pretax contributions. 457 plan contribution limit for 2024 rises to $20,500.

Understanding 457 plan contribution limits for 2024. Employees of state and local governments can stash more money in their 457 plans in 2022 than in 2021.