Irs 403b Limits 2024

Irs 403b Limits 2024. In 2024, employees can contribute up to $23,000 per year to their 403(b) plan, up from $22,500 in 2023. Employees can contribute up to $23,000 to a 403(b) plan in 2024, or $30,500 if they are age 50 or older.


Irs 403b Limits 2024

Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs says. The maximum amount an employee can contribute to a 403 (b) retirement plan for 2024 is $23,000, up $500 from 2023.

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