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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
Read more: These are the new traditional IRA and Roth IRA limits in 2025. The new 2025 annual limit for a health savings account will be $4,300, up from $4,150. ... Starting in 2025, 401(k) and ...
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 ...
Also, if you have a SIMPLE retirement plan, the contribution limits are different: $16,000 for 2024, increasing to $16,500 in 2025. ... Roth IRA income limits increase. ... For 2025, you can make ...
The standard 401(k) contribution limits for 2025 are going up. Starting in 2025, employees can sock away up to $23,500 in their 401(k)s. That's a $500 bump from the $23,000 elective deferral limit ...
Each year, the IRS announces limits for saving in IRAs, 401(k)s, and other retirement accounts. In this video, Certified Financial Planner® Matt Frankel breaks down the new limits and what ...