401k Contribution Limits 2025 Over 60

401k Contribution Limits 2025 Over 60. The irs sets its retirement. The annual ira contribution limit will remain $7,000.


401k Contribution Limits 2025 Over 60

The new contribution limit for 401 (k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday. Starting in 2025, employees can contribute up to $23,500 into their 401(k) and 403(b) plans, most 457 plans, and the thrift savings plan for federal employees, the irs announced.

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