What are the 401(k) and IRA contribution limits for 2025?
For 2025, the IRS has increased the contribution limits for retirement accounts, offering business owners and individuals more room to shelter income.
401(k) & 403(b) Limits (2025):
Employee Deferral: $23,500
Catch-Up (Age 50-59): +$7,500
"Super" Catch-Up (Age 60-63): +$11,250 (New for 2025 under SECURE 2.0)
Total Defined Contribution Limit: $70,000 (Employer + Employee, excluding catch-up)
IRA Limits (Traditional & Roth):
Standard Limit: $7,000
Catch-Up (Age 50+): +$1,000
SIMPLE IRA:
Employee Deferral: $16,500
Catch-Up (Age 50-59): +$3,500
"Super" Catch-Up (Age 60-63): +$5,250
For a deep dive into these changes—specifically the new rules for ages 60-63—read our detailed guide:
