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The IRS updated the 401(k) contribution limits for 2025 and now allows people between 60 and 63 to save an additional $15,000 over four years. 401(k) Catch-Up Limits Are Going Up. Here's What That ...
The super catch-up contribution amount is $11,250 for 2025, compared to the regular catch-up contribution amount of $7,500, which is available to those age 50 and older.
The catch-up contribution limit will remain the same at $7,500. ... Changes made to the Saver’s Credit. ... the IRS raised the income threshold to $39,500 for singles, up from $38,350 this year ...
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 ...
Some retirment savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.
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However, there's a notable change in 2025 that could benefit some retirement savers. Under SECURE 2.0, employees aged 60, 61, 62, and 63 will see an even higher catch-up limit. For 2025, this ...
There's a standard contribution limit that applies to everyone, and a catch-up contribution that applies to people age 50 or older. For 2024, the standard contribution limit is $7,000 and the ...