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403 B Contribution Limits 2024 Over 50

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403 B Contribution Limits 2024 Over 50. The annual 403 (b) contribution limit for 2024 has changed from 2023. If you have a 403 (b), you are subject to the 403 (b) contribution limits like any other retirement plan.


403 B Contribution Limits 2024 Over 50

Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal governmentโ€™s thrift savings plan, the irs. Under the 2024 limits, the 403 (b) retirement plan maximum contribution, as an elective deferral, is $23,000.

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