Maximum Catch Up Contribution 2025

Maximum Catch Up Contribution 2025. 2025 401k Catch Up Limit Johnny A. Woodward Thus the 2025 "super" catch-up equals $11,250 (150% x $7,500) Starting January 1, 2025, individuals ages 60 through 63 years old will be able to make catch-up contributions to eligible retirement plans of $11,250, in place of their normal $7,500 catch-up in 2025.

IRS Announces Higher 401k Limits And New CatchUp For 2025
IRS Announces Higher 401k Limits And New CatchUp For 2025 from thecollegeinvestor.com

The deferral limit is the greater of $5,000 or 150% of the normal "age 50" catch-up contribution limit for 2025 ($7,500) So, the IRS has announced that for 2025, the enhanced catch-up contribution limit for those 60-63 is $11,250.

IRS Announces Higher 401k Limits And New CatchUp For 2025

The limit on catch-up contributions for 401 (k)s in 2025 for taxpayers 50 and older is $7,500 — the same as it is in 2024, bringing the total contribution limit to $31,000 in 2025. Contribution limits for 401(k) and other workplace retirement plans rise for 2025 The deferral limit is the greater of $5,000 or 150% of the normal "age 50" catch-up contribution limit for 2025 ($7,500)

2025 Maximum 401k Contribution Limits Over 50 Luna Mariyah. Sixty- to 63-year-olds get a super contribution for the first time. The catch-up contribution limit for Plan participants aged 50 or older remains at $7,500 for the 2025 tax year

401k 2025 Contribution Limit Catch Up Richard I. Steinberg. Contribution limits for 401(k) and other workplace retirement plans rise for 2025 That means anyone who meets the age requirements can contribute a total of $31,000 to their workplace retirement plan.