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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. 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, 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)

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.

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.

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. ... For the catch-up contribution limit can expect a $12,000 increase for employees aged 60 to 63 in 2025. These are the expected changes but it will be clear to all people once it’s ...

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 contribution to those 60 to 63 of $3,750. Employer plus employee contributions:

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.

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 Secure Act 2.0, there is a special higher catch-up contribution limit for employees aged 60-63 of $11,250 for a total annual contribution limit of $34,750 for 2025.

Increased Catch-Up Contributions for Ages 60-63. Section 109 of SECURE 2.0 increases the catch-up limit for individuals aged 60-63 to the greater of $10,000 or 150% of the regular catch-up limit ($11,250 for 2025). Key details include: Age Range: The enhanced limit applies from the year an individual turns 60 until the year they turn 64.

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 ...

The catch-up contribution limit is still $7,500 for 2025, enabling those in this category to contribute a total of $31,000. SECURE 2.0 Act Adjustment for Ages 60-63 Under SECURE 2.0 legislation, a special catch-up contribution is available to those between the ages of 60 and 63.

Starting in 2025, the 401(k) catch-up contribution limit will remain at $7,500 for savers 50 and older. But investors aged 60 to 63 can instead save an extra $11,250, based on changes enacted via ...

In addition to 401(k)s, the $23,500 annual limit will also apply to 403(b)s, most 457 plans and the federal government’s Thrift Savings Plan. IRA contribution limit for 2025. The $7,000 individual retirement account (IRA) limit will not change in 2025 because inflation was not high enough to warrant it. People 50 and older can also make catch ...

While the general catch-up contribution isn’t changing in 2025 for senior savers, a new, additional law offers workers between 60 and 63 years of age an extra boost. Starting in 2025, investors in this age range can make 401(k) catch-up contributions of up to $11,250 on top of the existing $23, 500 deferral limit.

The standard contribution limit for 2025 is $16,500, with a catch-up contribution limit of $3,500 for those 50 and older. For any participant between the ages of 60 and 63, the catch-up contribution limit jumps to $5,250. 2 . In total, plan participants over 50 may contribute up to $20,000 in 2025, and those up to age 63 may contribute $21,750.

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 ...

The IRS just announced the 2025 401k and IRA contribution limits, along with a new higher catch-up contribution for certain ages. ... catch-up contribution limits. For individuals aged 50 and older, the catch-up amount is still $7,500. But, for individuals ages 60-63, a new higher limit of $11,250 takes effect.

Anyone over the age of fifty can contribute an additional $7,500, which is the same as 2024. However, 2025 introduced another catch-up contribution option for those ages 60-63. If you fall in this age range, you can make a catch-up contribution of $11,250. 401(k) Catch-Up Contributions for 2025: Ages 50-59: $7,500. Ages 60-63: $11,250. Age 64 ...