2025 401k Maximum Contribution

2025 401k Maximum Contribution. Max 401k Contribution 2024 Including Employer Micki Susanna 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 SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up contribution, whichever is.

Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions The annual limit on compensation that can be taken into account for contributions.

Max 401k Contribution 2024 Including Employer Micki Susanna

SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750 In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024 There's a brand new extended catch-up contribution provision for savers aged 60 to 63

Maximum Retirement Contribution 2025 Ulla Alexina. 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. SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750

401k Limits 2025 Chart Bekki Carolin. Starting in 2025, employees can contribute up to $23,500 into their 401(k) and 403(b) plans, most 457 plans, and the Thrift Savings Plan for federal employees, the IRS announced Nov The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 (SECURE 2.0) to include an annual cost‑of‑living adjustment but remains $1,000 for 2025