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Saving for retirement will get a modest boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act, which became law at the end of 2023.
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
Total contribution limits: In 2025, the employee-only limit is $23,500, up from $23,000 in 2024. But there's also a higher overall limit that includes any contributions your employer makes. This ...
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
In 2024, the maximum individual contribution was $23,000, but that's jumping up to $23,500 in 2025. ... Finally, there's another important change in 2025. The income limit to claim the Saver's ...
What are the IRA limits in 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 ...
IRA limits aren't changing in 2025 Currently, IRA contributions max out at $7,000 for workers under the age of 50 and $8,000 for those 50 or older. In 2025, these limits are staying the same.
For 2025, the annual employee contribution limit for 401(k) plans is set to increase from $23,000 in 2024 to a record high of $23,500. That's the standard contribution limit for employees under ...