Maximum Allowable 457 Contribution 2024 Calendar

Maximum Allowable 457 Contribution 2024 Calendar. The contribution limit for calendar year 2024 is $23,000. The maximum annual employee and employer premiums are $1,049.12 and $1,468.77, respectively.

Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.