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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. ... 403(b)s, 457 plans and ...
The IRS said on Friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, for workplace plans, including 401(k)s, 403(b)s, governmental 457 plans and the federal ...
403(b) plans, available to education and non-profit workers. ... The federal government’s Thrift Savings Plan. 401(k) plan limits. 2024. 2025. Change. Maximum salary deferral for workers. $23,000.
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 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
The following changes also apply to 403(b) plans. Take a look. 1. Automatic Enrollment for New 401(k) Plans ... Suppose the 2024 contribution limit remains at $7,500 for 2025; you can “catch up ...
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) and 457(b) plans. However, beginning in 2025, the catch ...
The super catch-up allows individuals aged 60 to 63 to contribute an additional $11,250 to eligible retirement plans, such as 401(k)s, 403(b)s and governmental 457 plans. This is in addition to ...
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