News

Explícame on MSN.com · 6d

How much does the 401(k) contribution limit increase in 2025?

As retirement planning becomes increasingly crucial, understanding the changes in 401(k) contribution limits is essential. In 2025, these limits are expected to rise, offering individuals more opportunities to bolster their retirement savings.
The Motley Fool on MSN.com · Nov 5, 2024

The 401(k) Contribution Limits for 2025 Are Bigger Than Ever

For 2025, the annual employee contribution limit for 401(k) plans is set to increase from $23,000 in 2024 to a record high of $23,500. That's the standard contribution limit for employees under ...
Icon for money.usnews.comU.S. News & World Report · 6d

New 401(k) Contribution Limits for 2025

The 2025 401(k) contribution limit increased to $23,500, up from $23,000 in 2024. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000. Workers ages 60 to 63 have ...
NBC New York · 4h

This lesser-known 401(k) feature can kickstart your tax-free retirement savings

Big savers can use after-tax 401(k) contributions to kickstart tax-free retirement savings. Here’s what investors need to know.
Icon for www.investopedia.comInvestopedia · 5d

IRA Contribution Limits for 2025

SEP IRAs (Simplified Employee Pension) allow employers to make contributions up ... Internal Revenue Service. "401(K) Limit Increases to $23,500 for 2025, IRA Limit Remains $7,000."
Icon for www.fool.comThe Motley Fool · Apr 1, 2022

401(k) Income Limit Rules for 2024 and 2025

401(k) plans are also subject to several contribution limits. First there's the annual employer salary deferral limit. For 2025, that's $23,500, up from $23,000 in 2024. Employees 50 and older can ...
Icon for www.investopedia.comInvestopedia · Mar 17, 2025

Income Limits for 401(k)s: Highly Compensated Employees

For most employees, the most relevant limit that applies to a 401 ... This limit is $350,000 in 2025. Income and Contribution Limits for 401(k) Plans There are two main types of income limits ...
BenefitsPRO · 10d

401(k) contribution limit projections for 2026: Milliman

While the official IRS announcement will come later this year, the contribution limit for retirement accounts will likely increase from $23,500 to $24,500 in 2026, according to a new Milliman report.
U.S. News Money on MSN.com · 10d

How to Take Advantage of 401(k) Catch-Up Contributions

The 401 (k) contribution limit increased from $23,000 in 2024 to $23,500 in 2025. The catch-up contribution limit remained at $7,500 for 2024 and 2025. As of 2025, individuals ages 60 to 63 will be able to make even higher catch-up contributions in employer plans, equal to 150% of the catch-up contribution limit for individuals age 50 and older.
JD Supra · 7d

IRS Proposes Changes to 401(k) Catch-Up Contributions

Our Employee Benefits & Executive Compensation Group discusses what plan sponsors and fiduciaries need to know about the Internal Revenue
Icon for www.businessinsider.comBusiness Insider · Nov 4, 2024

What is a 401(k)? 2025 guide to retirement savings and investing

However, this exception generally does not apply if the employee has a substantial ownership interest in the employer. Contribution limits in 2025 The 2025 401(k) contribution limit is $23,500 if ...
24/7 Wall St. on MSN.com · 9d

Did I Mess Up My Retirement Savings by Not Maxing Out My 401k for 15 Years?

If we only had Social Security to rely upon, we would be in a lot of trouble. It’s a broken system built on flawed logic and has been rightly described as a Ponzi scheme. That’s where you need to bring in more investors so you can use their contributions to pay earlier participants.
JD Supra · 20h

2025 Revisions to the VFCP: Key Changes to Correction and Compliance Options

Historically, the IRS' Employee Plans Compliance Resolution System (EPCRS) has provided employers structured options for correcting retirement
American Society of Pension Professionals & Actuaries · 5d

How Long-Term Part-Time Employees Affect the Deduction Limits

The new long-term part-time employee (LTPE) rules have resurrected an issue relating to the calculation of the deduction limit for defined contribution plans. The new long-term part-time employee (LTPE) rules have resurrected an issue relating to the calculation of the deduction limit for defined contribution plans.
Icon for whnt.comWHNT · Mar 31, 2025

How much should I contribute to my 401(k)?

Offered to full-time employees, it allows workers to ... there are some finite limits to keep in mind. The maximum 401(k) contribution for 2025 is $23,500. Age can affect that number, with people ...
Icon for www.fool.comThe Motley Fool · Dec 5, 2024

401(k) Contribution Limits for 2024 and 2025

2024 401(k) elective deferral limit is $23,000 ... to $30,500 in 2024 and $31,000 in 2025, including catch-ups. Highly compensated employees face caps on contributions based on earnings and ...
Icon for www.kiplinger.comKiplinger · Oct 30, 2023

SIMPLE IRA Contribution Limits for 2025

For 2025, employees can contribute up to $16,500 ... retirement plans The Roth 401(k) contribution limit for 2025 increased, and workers who are 50 and older can save even more.
Icon for wtop.comWTOP News · 10d

How to Take Advantage of 401(k) Catch-Up Contributions

The catch-up contribution limit remained at $7,500 for 2024 and 2025. As of 2025 ... between ages 60 and 63. Most 401(k) contributions are deductions from employee paychecks.
Icon for www.kiplinger.comKiplinger · Jan 17, 2024

SEP IRA Contribution Limits for 2025

Employers may exclude employees from their SEP IRA plan ... retirement plans The Roth 401(k) contribution limit for 2025 increased, and workers who are 50 and older can save even more.