What Is The Maximum 457b Contribution 2024. โ the internal revenue service has announced the dollar limitations for retirement plans for the 2024 tax year. What is the maximum amount of elective contributions that can be distributed as a hardship distribution from a 401(k) plan?
Employees age 50 or older may contribute up to an. โ the maximum amount a person can contribute to a section 457 deferred compensation plan is set each year by the irs after taking inflation into account.