401k Limits 2025 Chart With Catch Up. 401k Limits 2025 Catch Up 2025 Thomas L. Britt Chart of Select Limits : 401k Plan Limits for Year: 2025: 2024: 2023: 2022: 2021: 2020: 2019: 401k Elective Deferrals: $23,500: $23,000: $22,500: $20,500: up from $20,500 to 401(k), 403(b) and other tax-advantaged employer savings plans.
2025 401k Contribution Limit Catch Up Maria Scott from mariascott.pages.dev
The 2025 401(k) contribution limit for employees—the same as 403(b), governmental 457 plans, and the federal government's Thrift Savings Plan—is $23,500 The limit on catch-up contributions for people 50 or older also rose to $7500 from $6500
2025 401k Contribution Limit Catch Up Maria Scott
Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions The catch-up contribution limit that generally applies for employees aged 50 and over who participate in most. In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024
2025 401k Contribution Limit Catch Up Maria Scott. The limit on annual additions (i.e., contributions) to 401(k) and other defined contribution plans will increase to $70,000 (up from $69,000). The annual limit on catch-up contributions for individuals who attain age 60, 61, 62, or 63 is $11,250
401k Limits 2025 Chart By Age Jesse B. Hernsheim. That means a worker over 50 years old can contribute a maximum of $30,000 next year. The Roth catch-up wage threshold for 2024, which under section 414(v)(7)(A) is used to determine whether an individual's catch-up