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You just need to be at least 50, or turn 50 by the time 2025 comes to an end. In 2025, the catch-up contribution limit for 401(k)s is $7,500, unchanged from 2024.
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 ...
Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act. ... Thrift Savings Plan to $23,500, up from ...
The new IRS rules for 2025 IRA contribution limits could be announced any day. Based on 2024 rules, it's possible that many retirement savers could be allowed to put up to $7,000 (or more) into ...
For 2024, the standard contribution limit is $7,000 and the catch-up contribution adds $1,000. The standard IRA contribution limit is adjusted for inflation over time. For example, it increased ...
Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time. IRS raises 401(k) contribution limits, adds ...