What Is The 2024 403b Contribution Limit

What Is The 2024 403b Contribution Limit. Contribution limits for 403(b)s and other retirement plans can change from year to year and are adjusted for inflation. Chapters 2 through 6 explain the rules and terms you need to know to figure the maximum amount that could have been contributed to your 403(b) account for 2023 and the maximum amount that can be contributed to your 403(b) account in 2024.

This calculator is meant to help you determine the maximum elective salary deferral contribution you may make to your 403(b) plan for 2024. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.