401k 2025 Catch Up Contribution Limit Irs

401k 2025 Catch Up Contribution Limit Irs. 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 nov. In 2025, the 401(k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024.

Under a provision of secure act 2.0, plan participants in a specific age group can now boost their contributions to 401(k) and related plans. In 2025, the irs has forecasted an increase in the 401(k) elective deferral limit to $24,000, up by $1,000 from the current limit.