457 Deferred Compensation Plan Limits 2024 India. Cost of living adjustments may allow for additional. By participating in a 457.

457 (b) plans are deferred compensation plans that provide employees with the opportunity to defer a portion of their income for future use. The maximum annual contribution limit for 457 (b) plans is $23,000 for 2024 (or 100% of gross annual compensation, if less).