Maximum 457 B Contribution 2024. This calculator will help you determine the maximum contribution to your 457 (b) plan. The limit applies on a combined basis to both employee deferrals and nonforfeitable (vested) employer contributions for the applicable year.

The 457 (b) contribution limit will increase from $22,500 in 2023 to $23,000 in 2024. Employees age 50 or older may.