2025 401k Limits Catch Up . 10, 2025 โ the department of the treasury and the internal revenue service issued proposed regulations today addressing several secure 2.0 act provisions relating to. That's a $500 bump from the $23,000 elective deferral limit for 401(k) plan employee contributions in 2024.
The 401(k) plan is a primary retirement savings tool, and the irs sets annual contribution limits. People aged 50 or older are eligible to make additional contributions to their 401(k) plans since they’re getting closer to retirement age and may need to catch up in their.
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IRS Announces Higher 401k Limits And New CatchUp For 2025 , 401(k) contribution limits for 2025 the 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer.
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