The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024.

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IRS announces pension and retirement plan contribution adjustments for 2025

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The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024

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Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, unless you’re in your early 60s, in which case for the first time you’ll be allowed to save a lot more.

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What the new 401(k) limits and other changes mean for your retirement

Associated Press WASHINGTON (AP) — The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024. The Internal Revenue Service detailed the increases on Friday in its annual cost-of-living adjustments for pension plans and other retirement accounts. The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For si…

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By Jeanne Sahadi, CNN (CNN) — Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, unless you’re in your early 60s, in which case for the first time you’ll be allowed to save a lot more. The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday. The IRS did not, however…

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The IRS has announced the 401(k) catch-up contribution limits for 2025. Here’s what investors need to know.

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IRS announces 401(k) catch-up contributions for 2025

According to new rules issued by the Internal Revenue Service (IRS) on Friday (November 1), starting in 2025, employees aged 60 to 63 will be able to contribute more money to their 401(k) plans so that they can receive higher pensions when they retire.

根據美国国税局（IRS）週五（11月1日）頒布的新規，從2025年開始，年滿60～63歲的員工可以在401(k)計劃存入更多錢，以便退休時領取更高的退休金。

美新規：60歲起員工明年可補繳更多401(k)款項 | 退休金 | 國稅局

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New US rules: Employees aged 60 and above can make more 401(k) contributions next year

The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 -- to $23,500, up from $23,000 in 2024.

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The IRS has announced updated contribution limits for various retirement savings plans for 2025, allowing workers to set aside more money in some cases through both employer-sponsored plans and individual accounts.
As part of broader adjustments meant to keep pace with inflation, employees enrolled in 401(k), 403(b), and governmental 457 plans and the federal government’s Thrift Savings Plan will be able to contribute up to $23,500 next year, up…

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IRS Announces Updated Retirement Plan Contribution Limits for 2025

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IRS announces pension and retirement plan contribution adjustments for 2025

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