2025 Contribution Limits Released for Retirement Plans

401(k) limit increases to $23500 for 2025, IRA limit remains $7000

WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased ...

Notice 2024-80, 2025 Amounts Relating to Retirement Plans ... - IRS

The limitation for defined contribution plans under section 415(c)(1)(A) is increased in 2025 from $69,000 to $70,000. The Code provides that various other ...

2025 Retirement Plan Contribution Limits (401k, 457(b) & More)

The annual elective deferral limit for 401(k) plan employee contributions is increased to $23,500 in 2025. Employees age 50 or older may contribute up to an ...

Mercer projects 2025 retirement plan limits

Mercer projects that nearly every key Internal Revenue Code (IRC) limit for qualified retirement plans will rise from 2024 to 2025.

IRS Announces 2025 Retirement Plan Dollar Limits and Thresholds

Compensation. The annual limit on compensation that can be taken into account for contributions and deductions will increase to $350,000 (up ...

New Rules for Retirement Savings Taking Effect in 2025 - Kiplinger

(The IRS hadn't announced standard 2025 contribution limits at press time.) In 2024, workers 50 and older can make up to $7,500 in catch-up ...

IRS releases 2025 retirement and fringe benefit plan limitations

2025 Limits Relating to Retirement Plans, IRAs and Certain Fringe Benefits ; Catch-up contribution limit (age 60,61,62,63). $11,250. - ; Annual ...

2025 Retirement Plan Limits Announced - Groom Law Group

For 2025, this higher amount is $17,600. [2] Under a change made in SECURE 2.0, a different catch-up limit applies for employees aged 50 and ...

401(K) and IRA Contribution Limits for 2025 - CNBC

Workers will be able to put more into employer-sponsored retirement plans ... The IRS has announced the 2025 contribution limits for 401(k) and ...

Workplace retirement plan and IRA contribution limit changes for 2025

2025 IRA contribution limits · You can contribute a maximum of $7,000 (same as 2024). · Catch-up contributions for taxpayers 50 and older are also ...

Retirement Plan Contribution Limits Announced for 2025

TYPE OF LIMIT, 2024, 2025 ; Defined Benefit Annual Benefit, $275,000, $280,000 ; Defined Contribution Annual Contribution, $69,000, $70,000 ; 401(k)/ ...

Five Changes Coming to IRAs and 401(k)s in 2025 - Kiplinger

The new catch-up contribution limit will increase to the greater of $5,000 or 150% of the regular age 50 catch-up contribution limit for SIMPLE IRA plans in ...

IRS Raises 401(k) Contribution Limit for 2025 - SHRM

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 ...

SECURE 2.0 Act changes that go into effect in 2025 - Milliman

If the plan offers the enhanced catch-up feature, participants aged 60, 61, 62, or 63 can contribute up to $34,750 in 2025 ($23,500 plus $11,250) ...

Breaking! IRS Announces 2025 401(k) Contribution Limits - ASPPA

The limitation under IRC Section 408(p)(2)(E) regarding SIMPLE retirement accounts is increased to $16,500 for 2025, up from the 2024 level of ...

IRS announces 401(k) contribution limits for 2025 - CNBC

In its release Friday, the agency increased the employee deferral limit to $23,500, up from $23,000 in 2024. The change applies to workplace ...

IRS increases pension and retirement plan contribution limits for 2025

The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 ...

IRS sets 401(k) limits for 2025, adds new catch-up for some

For married couples filing jointly, if the spouse making the IRA contribution is covered by a workplace retirement plan, the phase-out range ...

IRS Announces Retirement Contribution Limits Will Increase In 2025

In 2025, the amount most individuals can contribute to their 401(k) plans will tick up to $23,500—it was $23,000 for 2024. The announcement is ...

New 2025 IRS Retirement Plan Contribution Limits [Including 401(k ...

The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025 ...