2025 Ira Contribution Limits Catch Up

2025 Ira Contribution Limits Catch Up. After a $500 increase to the ira annual limit in 2024, there was no change to next year’s limit. The irs determines the maximum contribution for each type of ira annually, and they recently announced the updated limits for tax year 2025.


2025 Ira Contribution Limits Catch Up

In 2025, the employee contribution limit for 401(k) and 403(b) plans increases to $23,500 for those under 50 (up from $23,000 in 2024). For 2025, the regular elective deferral limit increases to.

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