457 B Contribution Limits 2024 Employer. There is one limit on the amount of contributions an individual may defer to an eligible 457 (b) deferred compensation plan in a.  — you can contribute up to $19,500 as an elective deferral to your employer's 457(b) plan in 2021.

100% of the participant’s compensation;  — in 2024, eligible employees who elect to make deferrals to both a 403(b) and 457(b) plan will generally be able to contribute up to $23,000 in deferrals to their 403(b) plan.