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. Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions

The limit on annual additions (i.e., contributions) to 401(k) and other defined contribution plans will increase to $70,000 (up from $69,000) SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750

401k Limits 2025 Chart Bekki Carolin

In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024 SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750 That means anyone who meets the age requirements can contribute a total of $31,000 to their workplace retirement plan

401k Limits 2025 Chart Bekki Carolin. SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750 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

401k Contribution Limits 2025 Chart Bevvy. Participants who are 50-59 and 64+ can save an additional $7,500 in 2025 in catch-up contributions That means anyone who meets the age requirements can contribute a total of $31,000 to their workplace retirement plan