457 Deferred Compensation Plan Limits 2024 In India . These limits are subject to annual. Current federal income taxes on all contributions, interest and earnings in your 457 (b) dcp are deferred until withdrawal, usually at retirement.
That’s an increase of $500 over 2023. The maximum amount you can contribute to a 457 retirement plan in 2024 is $23,000, including any employer contributions.
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457 Deferred Compensation Plan Explained / Firefighter, Police Officer , The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased to $23,000 in 2024.