2024 403b Contribution Limit. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Under the general limit on elective deferrals, the most that can be contributed to your 403 (b) account through a salary reduction agreement is $22,500 for 2023 and $23,000 for.
Contribution limits for 401 (k)s, 403 (b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.