2025 401k Cap. 401k Contribution Limits 2025 Irs Rene Vallie Participants who are 50-59 and 64+ can save an additional $7,500 in 2025 in catch-up contributions.; There's a brand new extended catch-up contribution provision for savers aged 60 to 63. That number includes a $23,500 contribution limit and a catch-up contribution of $11,250.
These changes apply to 401(k), IRA, SIMPLE IRA, and SEP IRA plans Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions
401k Contribution Limits 2025 Irs Rene Vallie
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) an applicable employer plan other than a plan described in section 401(k)(11) or section 408(p) that applies for individuals who attain age 60, 61, 62, or 63 in
401k Contribution Limits 2025 Irs Rene Vallie. Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions Notice 2024-80, 2025 Amounts Relating to Retirement Plans and IRAs, as Adjusted for Changes in Cost-of.
401k Contribution Limits 2025 Irs Rene Vallie. Therefore, participants in most 401(k), 403(b), governmental 457 plans and the federal government's Thrift Savings. In 2025, the total limit for 401(k) contributions for those aged 60 to 63 is $34,750