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Bankrate on MSN.com · Nov 1, 2024

401(k) contribution limits in 2024 and 2025

With a 401(k) plan, employees have the opportunity to pay themselves first by making substantial annual ... 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401 ...
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 ...
NBC New York · 1d

There's a new ‘super funding' limit for some 401(k) savers in 2025. Here's who qualifies

There’s a higher catch-up contribution limit for some older investors in 2025. Here’s who qualifies for the change.
Icon for www.investopedia.comInvestopedia · Mar 17, 2025

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

That limit is $350,000 in 2025, up from $345,000 in 2024 ... than the traditional annual limit permits. This strategy involves making after-tax contributions to a 401(k), then converting those ...
BenefitsPRO · 12d

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.
Icon for www.nasdaq.comNasdaq · Mar 19, 2025

How Many People Made Early 401(k) Withdrawals in 2024 — and How To Avoid the Same

A recent Vanguard study found that 4.8% of participants initiated a hardship withdrawal in 2024 ... as 401(k) plans launch a provision of a 2022 law that “allows one penalty-free annual ...
Icon for www.investopedia.comInvestopedia · May 23, 2024

401(k) Plan vs. 457 Plan: What’s the Difference?

The plans have an annual maximum contribution limit of ... you to contribute an additional $7,500 for 2024 and 2025. Withdrawals from a 401(k) taken before age 59½ result in a 10% early ...
Icon for www.kiplinger.comKiplinger · Oct 30, 2023

SIMPLE IRA Contribution Limits for 2025

However, the amount a worker can save in a SIMPLE IRA is less than what they can save in a 401(k). For 2025, the annual contribution limit for SIMPLE IRAs is $16,500, up $500 from 2024.
Icon for money.usnews.comU.S. News & World Report · 15d

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 ... plan once it is withdrawn from the account. “Any annual contribution that is deducted from your taxable ...
Icon for www.fool.comThe Motley Fool · Apr 19, 2024

401(k) Contribution Limits for 2024 and 2025

but they do count against your maximum annual contribution limit. So if you're under 50 and you contribute the maximum $23,000 to your 401(k) in 2024, your employer is able to contribute a maximum ...
Icon for www.kiplinger.comKiplinger · Jan 10, 2024

Roth 401(k) Contribution Limits for 2025

This is an extra $500 over 2024. If you're age 50 ... or a traditional 401(k) than you can with an IRA alone. The annual contribution limit for a Roth IRA for those under 50 is $7,000 for 2025 ...
Icon for money.usnews.comU.S. News & World Report · 8d

New 401(k) Contribution Limits for 2025

The Internal Revenue Service boosted the annual contribution limit for 401(k)s, 403(b)s ... up from $23,000 in 2024. The catch-up contribution limit for employees age 50 and older remains $ ...