401k Limits For 2024 Over Age 55. If that happens, you might need to begin taking distributions from your 401(k). Section 401(k) and 403(b) plan elective deferral limit (code section:
The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. There’s also a $7,500 catch.