403b Limit For 2024 With Catch Up. 1.authorizing open meps for 403(b) plans. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that.

If you exceed this contribution limit, the irs will tax your funds twice. On your end, you can defer up to $23,000 from your salary to your 403 (b) in 2024.