Each year the IRS updates the amount of money individuals may save for retirement into 401(k) and IRA plans.
- Learn how much you can save this year
- Maximize your retirement plan contributions
- Incentivize your team to save for their future
This Year's Contribution Limits
Maximum employee elective contribution (age 49 and younger)
$23,500, up from $23,000 in 2024
Maximum employee elective contribution (age 50 and older)
Additional $7,500, remaining the same as in 2024
Maximum employee elective deferral plus catch-up contribution (age 50 or older)
$31,000, up from $30,500 in 2024
Defined contribution maximum limit, employee + employer (age 49 or younger)
$70,000, up from $69,000 in 2024
Defined contribution maximum limit (age 50 or older), all sources + catch-up
$79,000, up from $76,500 in 2024
Highly compensated employees’ threshold for nondiscrimination testing
$160,000, up from $155,000 in 2024
Key employee officer compensation threshold
$230,000, up from $220,000 in 2024
Annual compensation limit for HCEs and key employees
$350,000, up from $345,000 in 2024
Want to learn more about the limits? Download our 2025 IRS Contributions Limits guide today!
