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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 for 2025, after a cost-of-living adjustment, the IRS ...
Make IRA catch-up contributions. If you're 50 years old or over, your retirement age is getting closer -- and that makes it even more important to boost your retirement savings.
With the super catch-up contribution, you’ll be able to put aside a total of $34,750. ... Since 57.2% of employees nearing retirement contribute to a 401(k), according to the same EBI report, it ...
In 2025, the catch-up contribution limit for 401(k)s is $7,500, unchanged from 2024. So if you're 50 or older by the end of 2025, you can put up to $31,000 into your 401(k). IRA limits for 2025.
Catch-up contributions, which are additional sums that individuals aged 50 and above can contribute beyond the standard limit, serve as a significant boon for those nearing retirement. However ...
The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was ...
Workers over age 50 can add an additional $7,500 to a 401(k) as a catch-up contribution, while an IRA allows an extra $1,000 contribution. Workers age 60-63 have a higher catch-up limit of $11,250.
IRA limits aren't changing in 2025 Currently, IRA contributions max out at $7,000 for workers under the age of 50 and $8,000 for those 50 or older. In 2025, these limits are staying the same.