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For plans like a 401(k), 403(b), Thrift Savings Plan, some 457 plans and Simple IRAs and 401(k) plans, the total contribution limit for participants age 60 to 63 in 2025 is $34,750.
Find out how the 401(k) changes coming in 2025 can make putting more money away for retirement easier. 2025 SECURE 2.0 Act 401(k) Plan Changes. The following changes also apply to 403(b) plans ...
In 2025, 401(k) limits are going up. The maximum allowable contribution for workers under 50 is rising by $500 to $23,500. And those 50 and over will be able to contribute an extra $7,500 for a ...
The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) ... plans starting in 2025 under changes made with the enactment of the SECURE 2.0 Act of 2022 ...
Here’s a roundup of some of the key retirement-related changes to watch for in the new year. ... and the catch‑up contribution limit for individuals 50 and over stays at $1,000 for 2025 ...
Most employees can contribute up to $23,500 to their 401(k) in 2025, ... Employees aged 60 to 63 are also eligible for a special catch-up contribution of up to $11,250 under the SECURE 2.0 Act ...
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