2025 401k Catch Up Contribution Limit Over 60

2025 401k Catch Up Contribution Limit Over 60. 2025 401k Contribution Limit Calculator Single Hana Monroe Key details include: Age Range: The enhanced limit applies from the year an individual turns 60 until the year they turn 64. In 2025, workers under 50 can contribute up to $23,500 to a 401(k), whereas with an IRA, the limit is only $7,000

Total 401k Limit 2025 Mercedes J. Oates
Total 401k Limit 2025 Mercedes J. Oates from mercedesjoates.pages.dev

So, that's a maximum of: o $77,500 including catch-up contributions for those over 50 years old o $81,250 including super catch-up contributions for those in the 60 - 63 age range

Total 401k Limit 2025 Mercedes J. Oates

The limit on contribution totals is $70,000 per participant for the 2025 plan year, which is an increase from the 2024 limit of $69,000 Good news for 401(k) and 403(b) plan participants turning age 60 - 63 starting in 2025: there is now an enhanced employee catch-up contribution thanks to Secure Act 2.0 that passed back in 2022.  For 2025, the employee contributions limits are as follows: Employee Deferral Limit $23,500, Ag This "super catch-up contribution" allows you to save 50% more than the regular catch-up amount

Catch Up 401k Limits 2025 Gustavo Lavoie. New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63. That number includes a $23,500 contribution limit and a catch-up contribution of $11,250.

2025 Max 401k Contribution With Catch Up 2025 Laura L. Allard. Here's how it works: Standard Contribution Limit (2025): $23,500; Normal Catch-Up Contribution. In 2025, workers under 50 can contribute up to $23,500 to a 401(k), whereas with an IRA, the limit is only $7,000