2025 IRS Retirement Plan Limits

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

The limit on annual contributions to an IRA remains $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended ...

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

Notice 2024-80. Section 415 of the Internal Revenue Code (“Code”) provides for limitations on benefits and contributions under qualified retirement plans.

IRS Announces 2025 Retirement Plan Dollar Limits and Thresholds

The annual limit on compensation that can be taken into account for contributions and deductions will increase to $350,000 (up from $345,000).

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

IRC retirement plan limit. 401(k), 403(b) and eligible 457 plan elective deferrals (and designated Roth contributions). Projected 2025. $23,500. 2024. 23,000.

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 ...

IRS releases 2025 retirement and fringe benefit plan limitations

For 2025, the limit on catch-up contributions is $7,500, except in the case of Savings Incentive Match Plan for Employees of Small Employers ( ...

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 ...

IRS Releases 2025 Cost-of-Living Adjusted Limits for Benefit Plans

The Internal Revenue Service recently announced 2025 dollar limits for qualified retirement plans (including 401(k) plans), ...

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 ...

Retirement topics - IRA contribution limits | Internal Revenue Service

More In Retirement Plans · $6,500 ($7,500 if you're age 50 or older), or · If less, your taxable compensation for the year.

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 ...

IRS Issues 2025 Retirement Plan Contribution Limits - Moore Colson

The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related ...

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

The IRS has announced higher 401(k) contribution limits for 2025. · Starting in 2025, employees can defer $23,500 into workplace plans, up from ...

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

The limit on annual contributions to an IRA remains $7,000. The IRA catch‑up contribution limit for individuals aged 50 also stayed at $1,000 ...

Retirement topics - 401(k) and profit-sharing plan contribution limits

$7,500 in 2023 and 2024, $6,500 in 2022, 2021 and 2020 and $6,000 in 2019 - 2015 to traditional and safe harbor 401(k) plans; $3,500 in 2023 and 2024, $3,000 in ...

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 ...

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

Participants in plans that do not offer a catch-up provision may only contribute up to a projected $23,500 in 2025. If the plan permits catch-up ...

IRS Announces 2025 Retirement Plan Limits | JD Supra

IRS Announces 2025 Retirement Plan Limits · The limit on elective deferrals under 401(k), 403(b) and eligible 457(b) plans increased to $23,500.

IRS Increases 401(k) Limit to $23500 for 2025, IRA Limit Stays $7000

The catch-up contribution limit that applies to employees aged 50 and older who participate in most SIMPLE plans remains $3,500 for 2025. Under ...