401k Limit 2025 Family 401k

401k Limit 2025 Family 401k. Total 401k Limit 2025 Mercedes J. Oates The annual contribution limit for employees who participate in 401k, 403b, governmental 457 plans, and the federal government's Thrift Savings Plan is increased to $23,500, up from $23,000 The limit on annual additions (i.e., contributions) to 401(k) and other defined contribution plans will increase to $70,000 (up from $69,000)

The contribution limit for self-only coverage went up from $4,150 in 2024 to $4,300 in 2025 Here are the 2025 limits that are most relevant to 401(k) plans: Annual Additions

Irs 2025 Contribution Limits 401k Richie Lingo

Participants who are 50-59 and 64+ can save an additional $7,500 in 2025 in catch-up contributions Individual coverage: $4,300; Family coverage: $8,550; Catch-up contribution: additional $1,000 for age 55+ Must have a high-deductible health plan; plan described in section 401(k)(11) or section 408(p) that applies for individuals who attain age 60, 61, 62, or 63 in 2025 is $5,250

2025 Top 5 401k Contribution Limits 2025 Teresa R. Moors. Therefore, participants in most 401(k), 403(b), governmental 457 plans and the federal government's Thrift Savings. 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 contributions

2025 401k Limits Catch Up Brielle Carter. Employee Contributions: Up to $23,500 (under age 50) The contribution limit for family coverage went up from $8,300 in 2024 to $8,550 in 2025