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401(k) catch-up contributions limit 2025


401(k) catch-up contributions limit 2025

Cecilie_Arcurs | E+ | Getty Images The IRS has announced new 401(k) catch-up contribution limits for 2025. In its release Friday, the agency increased the 401(k) contribution limit to $23,500 for 2025. However, the catch-up contributions for savers aged 50 and over remain unchanged at $7,500. The limits apply to workplace plans, including 401(k)s, 403(b)s […]

Roth IRA income limits for 2025


Roth IRA income limits for 2025

D3sign | moment | Getty Images Roth IRA income phase-out for 2025 To contribute up to the limit in a Roth IRA, your modified adjusted gross income (MAGI) must be below a certain threshold, which has changed for 2025: The income phase-out range for taxpayers contributing to a Roth IRA has been increased to $150,000 […]

401(k) Contribution Limits for 2025


401(k) Contribution Limits for 2025

Pgiam | Istock | Getty Images The IRS has announced new 401(k) contribution limits for 2025. In its news release Friday, the agency increased the employee deferral limit to $23,500, up from $23,000 in 2024. The change applies to workplace plans, including 401(k)s, 403(b)s and most 457s. Plans, along with the Federal Thrift Savings Plan. […]