457 Deferred Compensation Plan Limits 2024 In Hindi. A 457 (b) plan provides you with the ability to save for retirement. The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.
The maximum amount you are allowed to contribute to your 457(b) plan is based on your taxable compensation as defined by the internal revenue code. To take advantage of the.