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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.
The SECURE Act 2.0 included an annual cost-of-living adjustment for the IRA catch-up contribution starting in 2024. ... $7,000 standard and $1,000 catch-up contribution yet again in 2025 for ...
The contribution limit on individual retirement accounts (IRAs) will stick at $7,000, and the catch‑up contribution limit for individuals 50 and over stays at $1,000 for 2025.
2025 Roth IRA contribution limits. For 2025, ... And if you're 50 or older, you get the bonus of an extra $1,000 in catch-up contributions, bringing your total to $8,000.
You can choose a traditional IRA and get a tax deduction (for 2024) of up to $7,000 if you qualify -- or up to $8,000 with a catch-up contribution for people age 50 and up.
Bigger catch-up contributions for people aged 60-63. ... As of Sept. 13, 2024, the 2025 IRA contribution limit hasn't been announced yet by the IRS. But it's possible that there could be a higher ...