401k Limit 2025 Irs. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,. 1) employees max out the allowable contributions in their company 401(k) โ which the irs recently announced would be $23,500 for 2025, with workers ages 50 and older.
The internal revenue service (irs) has announced that contribution limits for 401(k) plans will increase in 2025. For the 2025 tax year, the irs is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025.
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