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New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63. ... So, the IRS has announced that for 2025, the enhanced catch-up contribution limit for those 60-63 is $11,250.

Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time.

On January 10, 2025, the Internal Revenue Service (“IRS”) issued proposed regulations providing long-awaited guidance on the updates to 401(k) catch-up contributions introduced by the SECURE 2.0 Act of 2022 (SECURE 2.0).These updates affect individuals nearing retirement age and high earners.

401(k) contribution limits for 2025 The 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer contributions. If you're age 50 to 59 or 64 or older, you're eligible for an additional $7,500 in catch-up contributions.

Starting in 2025, older workers can save even more for retirement via 401(k) catch-up contributions. Here's what investors need to know.

Super Catch-Up Contributions for Ages 60-63. Starting in 2025, individuals aged 60 to 63 can contribute even more than the standard catch-up limit. This “super catch-up contribution” allows you to save 50% more than the regular catch-up amount. Here’s how it works: Standard Contribution Limit (2025): $23,500; Normal Catch-Up Contribution ...

For 2025, the standard 401(k) contribution limit increased to $23,500, up $500 from the 2024 limit of $23,000. This adjustment applies to 401(k) plans, as well as 403(b) plans, most 457 plans and the federal government's Thrift Savings Plan .

The Super Catch-Up Rule. Starting January 1, 2025, plans may offer a higher dollar catch-up limit to employees who would attain exact ages 60, 61, 62, or 63 by the end of the year. For those participants, the limit is 150% of the regular dollar catch-up limit. For 2025, the catch-up limit for this group is $11,250 instead of $7,500.

Under current law, most 401(k) plans permit catch-up contributions that are equally available to all participants who are age fifty or over. Starting in 2025, the SECURE 2.0 Act allows eligible participants who are ages sixty to sixty-three to make “super-catch-up contributions” of up to the greater of: $10,000, or 150 percent of the regular catch-up limit.

Good news for 401(k) and 403(b) plan participants turning age 60 – 63 starting in 2025: there is now an enhanced employee catch-up contribution thanks to Secure Act 2.0 that passed back in 2022.  For 2025, the employee contributions limits are as follows: Employee Deferral Limit $23,500, Ag

For the 2026 plan year, an employee who earns more than $160,000 in 2025 is an HCE. Source: IRS Notice 2024-80 View: IRS Raises 401(k) Contribution Limit for 2025

Those who qualify for the new 401(k) ‘super catch-up’ contributions can save even more in 2025. ... The super catch-up contribution amount is $11,250 for 2025, compared to the regular catch-up ...

For 2025, the max catch-up contribution is $11,250. In 2025, the total limit for 401(k) contributions for those aged 60 to 63 is $34,750. That number includes a $23,500 contribution limit and a ...

Retirement savers in their early 60s have a chance to turbocharge their 401(k) contributions starting in 2025. Workers aged 60-63 can contribute an extra $11,250 to their 401(k) each year through a new increased catch-up provision. This is a significant jump from the current catch-up limit of $7,500 available to employees 50 and older. 1. The IRS is raising the general 401(k) deferral limit to ...

The start of 2025 brought major updates to 401(k) plans, thanks to the SECURE 2.0 Act. Learn the catch-up limits, including a handy age range chart! ... 62, or 63 by the end of the tax year can make a “super catch-up” contribution to their 401(k) or SIMPLE IRA. This allows eligible participants to contribute up to $11,250 annually, 150% of ...

Updated 401(k) Contribution Limits for 2025. The IRS raised the 401(k) contribution limit for 2025 to $23,500, which is up from $23,000 in 2024. These limits also apply to 403(b) and 457 plans. For individuals aged 50 and older, the standard catch-up contribution limit remains unchanged at $7,500. However, those between the ages of 60 and 63 ...

401(k) contribution limits are up in 2025. On this episode of Fidelity's Money Unscripted, host Ally Donnelly looks at how you can save more for retirement. ... New 401(k) limits, catch-ups, and rules in 2025. You can now save more than ever before. Fidelity Money Unscripted

Beginning in 2025, the SECURE 2.0 law increases the catch-up contribution limits for certain ages. Those who are age 60, 61, 62, or 63 will soon be able to set aside more money in a 401(k) plan.

For 2025, the standard catch-up contribution limit for 401(k) plans is $7,500. That means anyone who meets the age requirements can contribute a total of $31,000 to their workplace retirement plan.