2025 401k Catch Up Rules Over 50. Catch Up 2025 401k Melanie Zerbe Sixty- to 63-year-olds get a super contribution for the first time. One of the most valuable perks of a 401 (k) is its high contribution limits
IRS Announces Higher 401k Limits And New CatchUp For 2025 from thecollegeinvestor.com
The limitation under section 414(v)(2)(B)(iii) for catch-up contributions to certain accounts or plans described in section 401(k)(11) or section 408(p) that generally applies for individuals aged 50 or over remains $3,850. Sixty- to 63-year-olds get a super contribution for the first time.
IRS Announces Higher 401k Limits And New CatchUp For 2025
Key features of 401 (k) catch-up contributions include: Sixty- to 63-year-olds get a super contribution for the first time. 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.
Catch Up 2025 401k Maria K Gray. The 401k Contribution Limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to $71,000, catch-up contribution to $8,000 for the age 50 or above and 12,000 for the age 60-63. In 2025, adults under 50 can contribute up to $23,500 to one of these accounts, and this doesn't include any match.
Catch Up 2025 401k Maria K Gray. 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. Contribution limits for 401(k) and other workplace retirement plans rise for 2025