How Much Can You Contribute to a 457 Retirement Plan for 2020?
Employees of state and local governments can stash slightly more money in their 457 plans this year. Plus, the catch-up contribution has increased by $500 this year for those 50 and older.
457 Contribution Limits for 2020
The maximum amount you can contribute to a 457 retirement plan in 2020 is $19,500, including any employer contributions. For example, if your employer contributes $5,000 for 2020, you're allowed to contribute $14,500 to meet the annual limit. (Most.)
