401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000 | Internal Revenue Service
IRA contribution limits stay the same for 2025 but 401k contributions increase PLUS a new super catch-up amount for those age 60-63.
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https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000#:~:text=WASHINGTON%20%E2%80%94%20The%20Internal%20Revenue%20Service,up%20from%20%2423%2C000%20for%202024.
IR-2024-285, Nov. 1, 2024 — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased...