IRS Contribution Limits for 457(b) Plans (2024)

How much should I contribute?

If your goal is to contribute the standard 457(b) maximum, you would need to contribute $884 per biweekly paycheck ($23,000 for the calendar year).

To take advantage of the Age 50+ catch up, you could contribute up to $1,173 per biweekly paycheck ($30,500 for the calendar year).

If you are eligible and wish to use the full Special 457(b) Catch-up provision, you could contribute up to 1,769 per biweekly paycheck ($46,000 for the calendar year).

IRS Contribution Limits for 457(b) Plans (2024)
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