401k Contribution Limit 2025 Catch Up Date. 2025 Max 401k Contribution With Catch Up 2025 Laura L. Allard Sixty- to 63-year-olds get a super contribution for the first time. SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750
401k 2025 Catch Up Contribution Limit Irs Robert B Ayala from robertbayala.pages.dev
For any participant between the ages of 60 and 63, the catch-up contribution limit jumps to $5,250 The catch-up contributions associated with 401(k)s are also higher.
401k 2025 Catch Up Contribution Limit Irs Robert B Ayala
this rule's effective date was postponed by Notice 2023-62 until taxable years beginning after December 31,. That number includes a $23,500 contribution limit and a catch-up contribution of $11,250. Section 603 of SECURE 2.0 will require 401(k), 403(b), and governmental 457(b) plans that offer catch-up contributions to only accept catch-up contributions on a Roth basis if a participant's Federal Insurance Contributions Act (FICA) wages exceed $145,000 in the prior calendar year, indexed for inflation.
401k 2025 CatchUp Contribution Limit Irs Kiera Nolans. SECURE 2.0 added an additional catch-up contribution to those 60 to 63 of $3,750 Sixty- to 63-year-olds get a super contribution for the first time.
Total 401k Limit 2025 Mercedes J. Oates. Employee 401(k) contributions: 2025: $23,500 (up $500 from 2024) The catch-up contribution limit for Plan participants aged 50 or older remains at $7,500 for the 2025 tax year Effective January 1, 2025, participants aged 60, 61, 62 or 63 in 401(k) plans, 403(b) plans, and non-governmental 457(b) plans can make a catch-up contribution that is the greater of (1) $10,000, or (ii) 150% of the regular catch-up limit ($11,250 for 2025) in addition to the $23,500 (for 2025) annual deferral contribution limit.