2024 Contribution Limits 403b Over 55

2024 Contribution Limits 403b Over 55

2024 Contribution Limits 403b Over 55. Under the 2024 limits, the 403(b) retirement plan maximum contribution, as an elective deferral, is $23,000. If you are age 50 or older by the end of the year, your individual limit is increased by $7,500 in 2023 and 2024;


2024 Contribution Limits 403b Over 55

Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. This contribution limit increases to $23,000 in 2024.

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