457 B Contribution Limits 2024 Catch Up. If your goal is to contribute the standard 457(b) maximum, you would need to contribute $884 per biweekly paycheck ($23,000 for the calendar year). The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer contributions.
In 2024, those age 50 and older are able to contribute an added $7,500 to a 403 (b) or 457 (b). The following limits apply to retirement plans in 2024: