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For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000. Employer matches don’t count toward this limit and can be quite generous.
The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday. ... or 150% of the general ...
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 ...
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 ...
Contribution limits for 401(k) and other workplace retirement plans rise for 2025. ... contribution and are limited to the regular catch-up contribution amount," said certified public accountant ...
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. ... $500 from the 2024 limit ...
Now the general catch-up contribution for 401(k)s is staying the same at $7,500 in 2025. So for many savers aged 50 and over, the maximum 401(k) contribution in the new year will be $31,000.
The 2024 401(k) catch-up contribution limit is $7,500 for those 50 and older. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in their 50s.
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