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401(k) plan limits. 2025. 2024. Maximum elective deferral for most employees age 50 and older (including catch-up contributions) $31,000. $30,500. Maximum elective deferral for employees 60, 61 ...
The catch-up contribution limit that applies to employees aged 50 and up enrolled in most 401(k), 403(b), governmental 457 plans and the Thrift Savings Plan will remain at $7,500 for 2025. Workers ...
That means more tax savings in 2025 and more tax-free compounding for years to come. ... the standard catch-up contribution limit for 401(k) plans is $7,500. ... The SECURE 2.0 Act increased the ...
The catch-up contribution limit, for those 50 or older, is holding steady at $7,500. ... You put money in on a tax-free basis, it builds up tax-free, ... Starting in 2025, 401(k) and 403(b) plans ...
401(k) plan limits. 2024. 2025. Change. Maximum salary deferral for workers. $23,000. $23,500 +$500. Catch-up contributions for workers age 50 and older. $7,500
A substantially higher "catch-up" contribution for 401(k) plans applies for savers aged 60, 61, 62 and 63 who participate in these plans at work beginning in 2025. ... 401(k) has tax-deductible ...
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