Contribution Limit 401k 2025

Contribution Limit 401k 2025. The annual ira contribution limit will remain $7,000. It permits those aged 60 through 63 to contribute $11,250 instead of $7,500 in 2025, according to the irs’s update.


Contribution Limit 401k 2025

Employees can now defer up to $23,000 into 401 (k) plans for 2024, with an extra $7,500 for workers age 50 and older. Contribution limits for 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan will increase by $500 for 2025.

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