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The catch-up contribution limit that applies to employees aged 50 and up enrolled in most 401(k), 403(b), governmental 457 plans and the Thrift Savings Plan will remain at $7,500 for 2025. Workers ...
The catch-up contribution limit, for those 50 or older, is holding steady at $7,500. ... In 2025, you’ll pay the tax on work income up to $176,100 (up from $168,600 in 2024). Earnings above that ...
The IRS said on Friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, for workplace plans, including 401(k)s, 403(b)s, governmental 457 plans and the federal ...
The countdown to 2025 has started, and the IRS just dropped the new contribution limits for 401(k)s. ... older with a 401(k), the catch-up contribution limit will stay at $7,500 in 2025, the same ...
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. The IRS updated the 401(k) contribution limits for ...
The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday.
For 2025, the annual employee contribution limit for 401(k) plans is set to increase from $23,000 in 2024 to a record high of $23,500. That's the standard contribution limit for employees under ...
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