403 B Plan Contribution Limit 2024

403 B Plan Contribution Limit 2024. The maximum contribution limit on elective salary deferrals will increase from $22,500 to $23,000. For 2023, employees could contribute up to $22,500 to a 403 (b) plan.


403 B Plan Contribution Limit 2024

For 2024, the elective deferral limit is $23,000, or $30,500 if age 50 or older. This is the total amount that you can contribute to your 403 (b) plan from your salary before taxes.

403 B Plan Contribution Limit 2024 Images References :