What Is The Max 403b Contribution For 2024

Marja Melody2024 What Is The Max 403b Contribution For 2024
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What Is The Max 403b Contribution For 2024. The contribution limit is $22,500 for 2023 and $23,000 for 2024 for both plans. The annual elective deferral limit for 403 (b) plan employee contributions is increased to $23,000 in 2024.


What Is The Max 403b Contribution For 2024

Workers can contribute up to $23,000 of their income to a 403 (b) plan, with an additional $7,500 allowed for workers 50 and older. $69,000 (was $66,000 in 2023) annual compensation limit:

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