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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.

New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63 ... Participant Age in 2025. 2025 Standard Annual Deferral Limit. Catch-up Contribution for 2025. ... Super catch-up 2025 limits ...

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)

In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024. Participants who are 50–59 and 64+ can save an additional $7,500 in 2025 in catch-up contributions. ... Age in 2025 Total contribution limit; Under age 50 : Just the normal deferral limit of $23,500:

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 for individuals who attain age 60, 61, 62, or 63 is $11,250. Code ...

401k. Defined Contribution Plans: 2025: 2024: Change: Maximum employee elective deferral (age 49 or younger) ... Defined contribution maximum limit (age 50 or older), all sources + catch-up: $77,500: ... (Annual limits) 2025: 2024: Change: Maximum credit: $17,280: $16,810 +$470: Phase-out income thresholds: Phase-out complete:

The 401k Contribution Limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to $71,000, catch-up contribution to $8,000 for the age 50 or above and 12,000 for the age 60-63.

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. While this may seem like a modest increase, it represents a continued trend of annual adjustments aimed ...

2025 401(k) and 403(b) Employee Contribution Limit. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025. The catch-up contribution limit will stay the same at $7,500 in 2025, so if you're 50+, your 401(k) employee contribution limit will be $31,000 in 2025.

A new catch-up contribution limit has been put in place for those age 60-63. Phase-out ranges for IRA contribution deductibility have increased. 2025 401(k) and IRA contribution limits: This year, 401(k) participants can contribute up to $23,500. This is an increase from last year’s $23,000. For individuals contributing to an IRA, the ...

Age. Catch-Up Contribution Limit. 50-59 at any time during tax year (regular catch-up limit) $7,500 (2025 limit) 60-63 by December 31 of tax year (super catch-up limit) Greater of $10,000 or 150% of the regular limit (i.e. $11,250 for 2025) 64 or older at any time during tax year (return to regular catch-up limit) $7,500 (return to regular ...

Catch-up contributions for 401(k)s and 403(b)s for people age 50 and older for 2025 remain unchanged from 2024 at $7,500. Catch-up limits for IRAs and Roth IRAs also remain the same for 2025 at $1,000. For those age 60-63, a so-called super catch-up contribution enables people to save an additional $11,250 in a 401(k).

The maximum retirement contribution limit for 401(k) plans just jumped to $70,000 for 2025. That's right - $70,000! ... Your Age is Your Superpower in Retirement Planning. ... Under 50: Building Your Foundation. You've got $23,500 to play with in your 401(k) for 2025. That's $500 more than last year to help build your dream retirement. Here's ...

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 catch-up contribution of $11,250. ... Starting Age ...

Get the updated 2025 contribution limits for 401(k), IRA, Roth IRA, and HSA accounts, including Secure Act 2.0 changes, catch-up contributions, and income thresholds. ... Note that this limit is based on your age at the end of year, so if you turn 64 in 2025 you won’t be eligible for the higher catch-up contribution. 2025 401(k)/403(b ...

Employees under the age of 50 who participate in 401(k) or 403(b) plans will be able to contribute up to $23,500 during 2025, which is an increase from the 2024 maximum of $23,000. The limit on catch-up contributions for people over 50 years old will remain at $7,500 for 2025; however plans implementing the new “super catch-up” rule will ...

SIMPLE IRA and SIMPLE 401(k) catch-up limit (age 50-59 and 64+) ... (SIMPLE) plans for which the limit is $3,500 (both unchanged from 2024). Due to changes under the Act, beginning in 2025, the catch-up limit for most retirement plans is increased to $11,250 for individuals turning 60, 61, 62 and 63 during 2025. For SIMPLE plans, the limit is ...

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 now have a new catch-up contribution limit of ...

Qualified retirement plan contribution limits 2024 2025; Section 401(k) and 403(b) plan elective deferral limit (Code Section: 402(g)(1)) $23,000: ... The Old-Age, Survivors, and Disability Insurance (OASDI) tax of 6.20 percent each for employers and employees (12.4 percent for self-employed individuals) applies to wages up to the Social ...