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In 2025, the catch-up contribution limit for 401(k)s is $7,500, unchanged from 2024. So if you're 50 or older by the end of 2025, you can put up to $31,000 into your 401(k). IRA limits for 2025
The limit on annual contributions to an IRA remains $7,000. The IRA catch‑up contribution limit for individuals aged 50 also stayed at $1,000 for 2025, after a cost-of-living adjustment, the IRS ...
If you qualify, you can stash away up to $7,000 in your Roth IRA for the year. And if you're 50 or older, you get the bonus of an extra $1,000 in catch-up contributions, bringing your total to $8,000.
The IRS updated the 401(k) contribution limits for 2025 and now allows people between 60 and 63 to save an additional $15,000 over four years. 401(k) Catch-Up Limits Are Going Up. Here's What That ...
The chart details how the MAGI limits concerning the deductible portion of traditional IRA contributions changed between 2024 and 2025. 2 Big Changes to IRA Contribution and Deduction Limits for ...
Changes to catch-up contributions will also take effect. In 2024, the limits are set at $1,000 for individual retirement accounts (IRAs) and $7,500 for most workplace plans, such as 401(k), 403(b ...
For example, it increased from $6,500 in 2023 to $7,000 in 2024. However, the catch-up limit has been $1,000 for years and has not been linked to inflation -- until now. The SECURE Act 2.0 ...
The IRS recently released the inflation-adjusted limits -- here's the new info for retirement savers. It's Official -- Here Are the 2025 IRA and 401(k) Limits Skip to main content