Max 401k Contribution 2025 Employer Match 2025. 401k Limits 2025 Chart Bekki Carolin If age 50-59 or 64+, the maximum contribution in 2025 is $77,500 and if age 60-63 the maximum contribution is $81,250 in 2025, with catch-up contributions. Under a change made in SECURE 2.0, a higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63 who participate in SIMPLE plans
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The IRS announced on November 1 that the base contribution limit for 401(k) plans will increase to $23,500 in 2025, representing a $500 increase from the 2024 limit of $23,000. The total contribution limit for employers and employees combined is $70,000 or ($77,500 with the catch-up contribution.) The maximum amount your employer can contribute depends on the specific matching program for your 401(k)
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Details on these and other retirement-related cost-of-living adjustments for 2025 are in Notice 2024-80 PDF, available on IRS.gov. For 2025, this higher catch-up contribution limit is $5,250 The 401(k) contribution limit for employees in 2024 is $23,000
401k Contribution Limits 2025 Irs Rene Vallie. Contribution limits to 401(k)s and other defined contribution plans The 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer contributions
401k 2025 Contribution Limit Irs Employer Match Trina Angelika. The annual limit for Savings Incentive Match Plan for Employees (SIMPLE) IRAs will rise to $16,500 (up from $16,000 in 2024). For 2025, this higher catch-up contribution limit is $5,250