401(k) Contribution Limits for 2024 and 2025
Here's a useful reference chart to help you remember these important limits and thresholds: Data source: IRS. Some employers match a portion of their employees' 401(k) contributions as an ...
News
24/7 Wall St. on MSN.com · 10hIs a 25% match in a 401(k) too good to be true?
Key Points A Reddit user is wondering if his wife’s 25% 401(k) match is too good to be true. 401(k) plans are well-regulated, so if an employer promises a match, it must provide it. Maxing out a 401(k) to earn a 25% match could help set the
NBC New York · 5dThere'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.
Syracuse New Times · 2dHow Much Can You Contribute to a 401(k) in 2025?
Putting money aside now can make life easier down the road and help you feel more secure as you age. A 401(k) plan is one of the easiest ways to build long-term financial security. If you’re working for a company that offers one,
Income Limits for 401(k)s: Highly Compensated Employees
The Internal Revenue Service (IRS) sets limits for employer-sponsored 401(k) plans, such as the maximum annual employee contribution limit and the maximum employer contribution limit. Some of ...
NBC New York · 6dThis lesser-known 401(k) feature can kick-start 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.
401(k) contribution limit projections for 2026: Milliman
For employees (ages 60-63), the catch-up contribution limits would remain at $11,250 in 2026. As implemented by SECURE 2.0 regulations, employees aged 60 to 63 can make higher catch-up ...
BenefitsPRO · 6dThe Starter 401(k) allows small employers to offer retirement plans at minimal cost
This new plan, introduced under SECURE 2.0, have lower employee contribution limits compared to traditional 401(k)s and allow for reduced recordkeeping requirements, which reduce administration costs.
SIMPLE IRA Contribution Limits for 2025
for employees age 50 and over. Roth contributions are not deductible but distributions are tax-free in retirement. These dollar limits are aggregate for all pre-tax and Roth deferrals; in other ...
The Week · 16dWhat are your retirement savings account options?
The two primary types of retirement accounts you may encounter are 401 (k) plans and individual retirement accounts (IRAs). "The main difference between 401 (k)s and IRAs is that 401 (k) plans are offered through an employer and have larger contribution limits," and a 401 (k) plan may also include an employer match, said Investopedia.
Can I Fund a Roth IRA and Contribute to My Employer Retirement Plan?
Those employer contributions—which often match some percentage of each worker’s own contribution—typically enable 401(k) accounts to grow faster. For 2025, the annual contribution limit for ...
Changes are coming for 401(k)s and IRAs in 2025. Here's what to know.
Changes to the rules of retirement plans are worth keeping track of, as it can help you to ramp up your savings, enjoy additional benefits and, in some cases, avoid unwanted penalties. Each fall ...
JD Supra · 14dIRS 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
National Association of Plan Advisors · 2dWhat Key Retirement Policy Reforms Does the ARA Support?
What’s top of mind for the American Retirement Association (ARA) this session of Congress? Will Hansen, the ARA’s Chief Government Affairs Officer, outlined the organization’s legislative priorities at the PSCA National Conference.
Here's Last Year's Average 401(k) Contribution
up to a combined limit of $70,000, or even more for the 50-and-up crowd. These higher caps, paired with any degree of employer matching contribution, mean workplace retirement accounts are usually ...
401(k) contribution limits in 2024 and 2025
The employer’s 401(k) maximum contribution limit is much more liberal. Altogether, the most that can be contributed to your 401(k) plan between both you and your employer is $70,000 in 2025 ...
There's a new ‘super funding' limit for some 401(k) savers in 2025. Here's who qualifies
Thanks to Secure 2.0, the 401(k) catch-up limit has jumped to $11,250 ... For plans offering catch-up contributions, only 15% of employees participated in 2023, according to the latest data ...
Roth 401(k) Contribution Limits for 2024 and 2025
More employers offer a Roth 401(k) option, enabling tax-free distributions in retirement. 2025 contribution limits are $23,500, with those 50 and older eligible for higher limits. Employers can ...
Roth 401(k) Contribution Limits for 2025
These annual contribution limits apply to all your employer-sponsored plans, including both traditional and Roth 401(k) accounts. A fringe benefit of splitting contributions between the two ...
New 401(k) Contribution Limits for 2023
The 401(k) catch-up contribution limit is $7,500 for those age 50 and older. The limit for employer and employee contributions will be $66,000. The 401(k) compensation limit will climb to $330,000.
2023 401(k) Contribution Limits: What Advisors Should Know
Unfortunately, not all employees can take advantage of the maximum 401(k) contribution limits. Individuals considered highly compensated employees, or HCEs, will be limited as to how much they can ...