2024 Max 403b Contribution Limits 2024 . This contribution limit increases to $23,000 in 2024. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021.
If you are age 50 or over by december 31, the catch. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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