2025 401k Catch Up Contribution Limit Over 60

2025 401k Catch Up Contribution Limit Over 60. Notable 401(k) and IRA plan changes for 2025 Accounting Today Section 109 of SECURE 2.0 increases the catch-up limit for individuals aged 60-63 to the greater of $10,000 or 150% of the regular catch-up limit ($11,250 for 2025) Starting in 2025, individuals aged 60 to 63 can contribute even more than the standard catch-up limit

401k Limits 2025 Chart By Age Jesse B. Hernsheim
401k Limits 2025 Chart By Age Jesse B. Hernsheim from jessebhernsheim.pages.dev

Kelley has over two decades of experience advising on. That number includes a $23,500 contribution limit and a catch-up contribution of $11,250.

401k Limits 2025 Chart By Age Jesse B. Hernsheim

This "super catch-up contribution" allows you to save 50% more than the regular catch-up amount The 401k Contribution Limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to $71,000, catch-up contribution to $8,000 for the age 50 or above and 12,000 for the age 60-63. 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

CatchUp 401(k) Contribution Limits Mercer Advisors. So, that's a maximum of: o $77,500 including catch-up contributions for those over 50 years old Starting in 2025, individuals aged 60 to 63 can contribute even more than the standard catch-up limit

401 K Maximum 2025 Over 50 Randolph P. Weber. That number includes a $23,500 contribution limit and a catch-up contribution of $11,250. 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