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401(k) plan limits. 2025. 2024. Maximum elective deferral for most employees age 50 and older (including catch-up contributions) $31,000. $30,500. Maximum elective deferral for employees 60, 61 ...
The IRS recently announced that contribution limits for 401(k) retirement plans will increase in 2025, allowing workers to save more for their future. Beginning next year, employees can contribute ...
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
If you have a traditional 401(k), your contributions will reduce your taxable income for the year. Total contribution limits: In 2025, the employee-only limit is $23,500, up from $23,000 in 2024 ...
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 standard 401(k) contribution limits for 2025 are going up. Starting in 2025, employees can sock away up to $23,500 in their 401(k)s. That's a $500 bump from the $23,000 elective deferral limit ...
The IRS said on Friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, ... IRS sets 401(k) limits for 2025, adds new catch-up for some. Show comments.
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