401k Limit 20254 2025. For 2025, the annual employee contribution limit for 401(k) plans is set to increase from $23,000 in 2024 to a record high of $23,500. In 2025, the irs has forecasted an increase in the 401(k) elective deferral limit to $24,000, up by $1,000 from the current limit.


401k Limit 20254 2025

But there’s also a higher overall limit that includes any contributions your employer makes. Starting in 2025, employees can sock away up to $23,500 in their 401(k)s.

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401k Limit 20254 2025