Remove 2030 Remove Government Remove income tax Remove management accounts
article thumbnail

457 Plan Contribution Limit for 2024 Rises to $20,500

CPA Practice

Employees of state and local governments can stash more money in their 457 plans in 2022 than in 2021. Firefighters Face Unique Challenges with Deferred Comp Benefits of a 457 Retirement Plan As with contributions to a traditional 401(k) or contributions to a 403(b), money goes into a 457 before you pay income taxes on it.