401k Maximum Contribution 2025 Employer Matching

401k Maximum Contribution 2025 Employer Matching. 401k Contribution Limits 2025 Employer Sami Nura The catch-up contribution limit that generally applies for employees aged 50 and over who participate in most 401 (k), 403 (b), governmental 457 plans, and the federal government's Thrift Savings Plan remains $7,500 for 2025. If you're age 50 to 59 or 64 or older, you're eligible for an additional $7,500 in catch-up contributions.

401k Contribution Limits 2025 Employer Sami Nura
401k Contribution Limits 2025 Employer Sami Nura from samianura.pages.dev

There's a brand new extended catch-up contribution provision for savers aged 60 to 63 Much remains the same, but these key updates could have a big impact on your business

401k Contribution Limits 2025 Employer Sami Nura

The annual limit on contributions to 401 (k), 403 (b) and 457 plans will increase to $23,500 (up from $23,000 in 2024). Contribution limits to 401 (k)s and other defined contribution plans The employer contribution limit also rises to $46,500, bringing the combined employee and employer 401 (k) contribution limit to $70,000 for 2025.

401k Contribution Limits 2025 Irs Rene Vallie. Participants who are 50-59 and 64+ can save an additional $7,500 in 2025 in catch-up contributions The annual limit on contributions to 401 (k), 403 (b) and 457 plans will increase to $23,500 (up from $23,000 in 2024).

401k Contribution Limits 2025 Irs Rene Vallie. And the total annual contribution amount (employee plus employer contribution) will increase to $70,000. If you're age 50 to 59 or 64 or older, you're eligible for an additional $7,500 in catch-up contributions.