IRS Announces Higher 401k Limits And New CatchUp For 2025

Fidelity 2025 401k Contribution Limits Pdf. Irs 401k Catch Up Contribution Limits 2025 Dawn R Henderson Annual contribution limit—Individual $4,300 $4,150 $3,850 $3,650 $3,600 If you turn 60, 61, 62 or 63 at any point during the 2025 tax year and beyond, you can contribute a higher catch -up amount to your <401(k); 403(b)>

Retirement plans are changing in 2025 What to know ABC News
Retirement plans are changing in 2025 What to know ABC News from abcnews.go.com

Annual contribution limit—Individual $4,300 $4,150 $3,850 $3,650 $3,600 The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 (SECURE 2.0) to include an annual cost‑of‑living adjustment but remains $1,000 for 2025

Retirement plans are changing in 2025 What to know ABC News

For 2025, this higher catchup contribution limit is $11,250 instead of $7,500. Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered. For 2025, this higher catchup contribution limit is $11,250 instead of $7,500.

2025 401k Catch Up Contribution Limits Over 50 Dasie Randie. The catch-up contribution limit that generally applies for employees aged 50 and over who participate in most 401(k), 403(b. If you're age 50 to 59 or 64 or older, you're eligible for an additional $7,500 in catch-up contributions.

2025 401k Maximum Contribution Limits Irs Faris Simone. If you turn 60, 61, 62 or 63 at any point during the 2025 tax year and beyond, you can contribute a higher catch -up amount to your <401(k); 403(b)> For 2025, this higher catchup contribution limit is $11,250 instead of $7,500.