457b 2024 Contribution Limits For Senior Citizens. 100% of the participant’s compensation; In 2024, eligible employees who elect to make deferrals to both a 403(b) and 457(b) plan will generally be able to contribute up to $23,000 in deferrals to their 403(b).

Today the irs came out with the new 2024 contribution limits for retirement plans and ira’s. 100% of the participant’s compensation;