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The 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer contributions. ... contribution limit for 2025: $23,500: $70,000: $7,500 (50-59 or 64+), $11,250 (60-63, if your plan allows) ... The value of your investment will fluctuate over time, and you may gain or lose ...

Catch-up Contribution for 2025. Total 2025 Annual Contribution Limit. 50-59 OR 64 or older. ... 401(k) and IRA Contribution Limits Set for 2025 ... Kelley has over two decades of experience ...

In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024. ... Contribution limits over 50. Catch-up contributions are designed to help employees further along in their careers save even more money for their future. People aged 50 or older are eligible to make additional contributions to their 401 ...

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. SECURE 2.0 added an additional catch-up ...

The catch-up contribution limit that generally applies for employees aged 50 and over who participate in most 401k, 403b, governmental 457 plans, and the federal government's Thrift Savings Plan remains $7,500 for 2025.

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)

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.

The limit on catch-up contributions for 401(k)s in 2025 for taxpayers 50 and older is $7,500 — the same as it is in 2024, bringing the total contribution limit to $31,000 in 2025.

Until then, here are the limits for 2025 retirement plan contributions. 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 ...

2025: 2024: Change: HSA contribution limit (employer + employee)an annual benefit and accrual limit: ... 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: $7,500: No change: Maximum employee ...

The annual limit on catch-up contributions under these plans for individuals aged 50 and over, who are not 60, 61, 62, or 63, remains at $7,500. The annual limit on catch-up contributions for individuals who attain age 60, 61, 62, or 63 is $11,250. ... There are notable increases in the retirement plan contribution limits for 2025 compared to ...

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. For employees aged 50 or older, the catch-up contribution limit for most SIMPLE accounts ...

The 2025 401(k) contribution limit increased to $23,500, up from $23,000 in 2024. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000. Workers ages 60 to 63 have ...

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 ...

For savers looking to max out 401(k) contributions, higher contribution limits will be available for 2025. The salary deferral limit for employees who participate in 401(k) plans, including the Thrift Savings Plan, as well as 403(b) and 457(b) plans, is increased to $23,500, up from $23,000. The catch-up contribution limit for those age 50 or ...

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 ...

2024 2025 401k/403b/457/TSP Elective Deferral Limit. The 401k/403b/457/TSP contribution limit is $23,000 in 2024. It will go up by $500 to $23,500 in 2025.. If you are age 50 or over by December 31, the catch-up contribution limit is $7,500 in 2024. It will stay the same at $7,500 in 2025.. If your age is 60 through 63 by December 31, 2025, you have a higher catch-up limit in 2025.

Of note, the 2025 pretax limit that applies to elective deferrals to IRC Section 401(k), 403(b) and 457(b) plans increased from $23,000 to $23,500. The dollar limitation for catch-up contributions for participants aged 50 or over remains at $7,500.

The limit on annual contributions to an IRA remains $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 (SECURE 2.0) to include an annual cost‑of‑living adjustment but remains $1,000 for 2025.