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For 2025, you’ll be able to increase your annual contribution to your 401(k), 403(b), governmental 457 plans, and the federal government's Thrift Savings Plan to $23,500, up from $23,000.
The IRS recently announced that contribution limits for 401(k) retirement plans will increase in 2025, allowing workers to save more for their future. Beginning next year, employees can contribute ...
For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000. Employer matches don’t count toward this limit and can be quite generous.
Calculate Your Expenses. ... In 2024, The annual contribution limit is $23,000 for employees who participate in 401(k), 403(b) and most 457 plans, according to the IRS. The catch-up contribution ...
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 ...
The IRS caps the amount you can add to each of these accounts annually, so be sure to stay within the limits: For 2025, the contribution limit is set at $23,500 for 401(k) accounts (before ...