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Under SECURE 2.0, beginning this year, 2025, individuals ages 60 to 63 are eligible for increased catch-up contributions in their retirement plans. ... Super catch-up 2025 limits: Bottom line.

Learn how much you can save in your 401 (k) with catch-up contributions for different age groups. Find out the IRS guidelines for 2025 and future years, and how they affect your retirement savings.

Starting in 2025, employees aged 60 to 63 years old who participate in one of those work plans have a higher catch-up contribution limit. That cap is $11,250, instead of $7,500.

Defined Contribution Plans 2025 2024 Change; Maximum employee elective deferral (age 49 or younger) (1) $23,500: $23,000 +$500: Employee catch-up contribution (age 50 or older by year-end) (2)

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.

Learn how much you can save in your 401 (k) or IRA in 2025, based on your age, income, and employer match. Find out the new catch-up contribution rules for savers aged 60 to 63 and the extended catch-up limit for highly-compensated employees.

under section 414(v)(2)(E)(ii) for catch-up contributions to an applicable employer plan described in section 401(k)(11) or section 408(p) that applies for individuals who attain age 60, 61, 62, or 63 in 2025 is $5,250. The limitation under section 414(v)(2)(B)(iii) for catch-up contributions to certain accounts or plans described in section ...

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.

In 2025, 401(k) contributions rise to $23,500, with higher catch-up limits for ages 60-63. Employers must auto-enroll new hires at 3-10%. A new IRS ruling may allow matches to go toward student debt or HRAs. These changes aim to boost retirement savings and flexibility.

HSA catch-up contributions (age 55 or older) $1,000: $1,000: No change: HDHP minimum deductibles: Self-only: $1,650 ... 401k. Defined Contribution Plans: 2025: 2024: Change: Maximum employee elective deferral (age 49 or younger) ... (Annual limits) 2025: 2024: Change: Maximum credit: $17,280: $16,810 +$470: Phase-out income thresholds: Phase ...

2025 catch-up contribution limits: The catch-up contribution limit for 401(k) participants aged 50 and over remains at $7,500. Additionally, updates to the SECURE Act 2.0 allow for a higher catch-up contribution limit for participants aged 60, 61, 62 and 63. This limit is $11,250 in 2025.

Catch-up contributions increased in 2025 for 401(k), 403(b), governmental plans, and IRA account holders for employees between the ages of 60 and 63. The legislation enacted in the SECURE 2.0 Act provides a slate of changes that could help strengthen the retirement system—and Americans' financial readiness for retirement.

2025 401(k) limits unveiled: Standard limit rises to $23,500, plus special $11,250 catch-up for ages 60-63. Solutions ... Take advantage of catch-up contributions. If you're 50 or older, don't overlook the opportunity to make catch-up contributions. This is especially important for those age 60-63 who can benefit from the new supersize catch-up ...

Contribution limits: For the 2025 plan year, the pre-tax contribution limit into a 401(k) plan is $23,500, with a catch-up contribution limit of $7,500 for employees aged 50-59, and $11,250 for employees aged 60-63 (known as super catch-up contributions).

Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions. The limit on annual additions (i.e., contributions) to 401(k) and other defined contribution plans will increase to $70,000 (up from $69,000). ... The annual limit on catch-up contributions under these plans for individuals aged 50 and over, who are not 60, 61 ...

Qualified retirement plan contribution limits 2024 2025; Section 401(k) and 403(b) plan elective deferral limit ... $23,500: Catch-up contribution limit (for participants aged 50 or older) (Code Section: 414(v)(2)(B)(i)) $7,500: $7,500: Catch-up contribution limit ("super" catch-up for participants aged 60-63)

Learn about the new rules for 401 (k) catch-up contributions for people aged 60 to 63 in 2025. Find out how much you can contribute and how it affects your total limit.

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.

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 ...