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The standard 401(k) contribution limits for 2025 are going up. ... For employees aged 50 and older with a 401(k), the catch-up contribution limit will stay at $7,500 in 2025, the same as in 2024 ...
401(k) plan limits. 2025. 2024. Maximum elective deferral for most employees age 50 and older (including catch-up contributions) $31,000. $30,500. Maximum elective deferral for employees 60, 61 ...
The additional $7,500 that workers 50 and older are eligible to contribute to a 401(k) is known as a catch-up contribution. A SECURE 2.0 Act rule change that went into effect Jan. 1 now enables ...
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
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 ...
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 ...
Your catch-up contribution limit will increase to the greater of $10,000 or 50% more than the regular catch-up limit. Suppose the 2024 contribution limit remains at $7,500 for 2025; you can ...
As part of SECURE Act 2.0, passed in late 2022, individuals age 60, 61, 62 or 63 are now allowed to make “super catch-up contributions” to their 401(k) and other retirement plans. These ...
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