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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.

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.; There’s a brand new extended catch-up contribution provision for savers aged 60 to 63.

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

401k. Defined Contribution Plans: 2025: 2024: Change: Maximum employee elective deferral (age 49 or younger) $23,500: $23,000: $500: Employee catch-up contribution (age 50 or older by year-end) $7,500: ... Defined contribution maximum limit, employee + employer (age 49 or younger) $70,00: $69,00

The Internal Revenue Service (IRS) announced 2025 retirement plan contribution limit adjustments. 401(k) and 403(b) Plans Employee 401(k) contributions: 2025: $23,500 (up $500 from 2024) The catch-up contribution limit for Plan participants aged 50 or older remains at $7,500 for the 2025 tax year.

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 ...

The 401(k) plan is a primary retirement savings tool, and the IRS sets annual contribution limits. For 2025, the maximum contribution limit rises to $23,500, a $500 increase from the 2024 limit of $23,000. The catch-up contribution for individuals aged 50 and over remains at $7,500. Employees aged 60 to 63 can make a larger catch-up ...

The IRS has announced new contribution limits for 401(k) plans in 2025. Employees can now defer up to $23,500 into workplace plans, a $500 increase from last year. ... The limit on annual contributions to an IRA remains at $7,000. Older workers have additional opportunities to boost their retirement savings. Employees over 50 can make catch-up ...

The annual employee contribution (also called elective deferral) limit for 401(k), 403(b), 457 and TSP plans is up $500 from $23,000 in 2024 to $23,500 for 2025. For employees aged 50 and over, the catch-up contribution remains unchanged at $7,500 for a total annual contribution limit of $31,000 for 2025. New in 2025, as a result of

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). Code § 415(c)(1)(A). Compensation. The annual limit on compensation that can be taken into account for contributions ...

The IRS has announced a new contribution limit of $23,500 for 401(k) plans in 2025, up from $22,500 in 2024. This limit applies to employee pre-tax contributions and Roth contributions. By contributing the full allowable amount, employees can take advantage of tax-deferred or tax-free growth, depending on their chosen contribution type.

The 2025 401(k) contribution limit for employees—the same as 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan—is $23,500. Employees aged 50 and over can make an additional catch-up contribution of $7,500, bringing their contribution limit to $31,000.

For employees age 60-63: The maximum contribution is $34,750 ($23,500 base plus $11,250 catch-up). ... The 2025 401(k) contribution limit changes present significant opportunities for retirement savers, particularly those aged 60-63 who can take advantage of the new supersize catch-up provisions. While these increased limits are valuable tools ...

Qualified retirement plan contribution limits 2024 2025; Section 401(k) and 403(b) plan elective deferral limit (Code Section: 402(g)(1)) $23,000 ... 2025; Maximum contributions (Code Section: 408(p)(2)(E)) $16,000: ... An additional Medicare tax of 0.9 percent for employees only applies to all wages over specified income thresholds based on ...

The 401(k) contribution limit for employees in 2025 has increased to $23,500, up from $23,000 in 2024. The employer contribution limit also rises to $46,500, bringing the combined employee and employer 401(k) contribution limit to $70,000 for 2025. Don’t underestimate the power of employer 401(k) contributions, especially as you advance in your career.

This maximum 401K contribution article has been updated for the 2025 tax (calendar) year and contains historical data on prior years. The IRS has announced the 2025 maximum 401K contribution limit for employees, which is the max amount that employees can legally contribute to 401Ks in a given calendar year. The 2025 maximum 401K contribution limit will be $23,500, which is a an increase of ...

The standard 401(k) contribution limits for 2025 are going up. Starting in 2025, employees can sock away up to $23,500 in their 401(k)s.That's a $500 bump from the $23,000 elective deferral limit ...

$23,000 employee contribution limit (pre-tax or Roth) $7,500 catch-up if you’re 50 or older. $69,000 total contribution limit (including employer match, profit sharing, and after-tax contributions) That means you could potentially contribute an extra $46,000 (or more) in after-tax dollars, depending on your employer match. Example:

Employee Elective Deferral Contributions. 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.