Maximum 457 Contribution For 2024. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.  — 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.

 — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The dollar limitation for catch.