How much can employees contribute to their retirement plans? Whether investing in a 401(k), IRA, or another retirement plan, you and your team should understand the rules and limits for 2025. Use our quick-reference chart to learn 401(k) contribution limits 2025, IRA contribution limits, and more.
401(k) contribution limits 2025
The 2025 401(k) contribution limit for employees—the same as 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan—is $23,500.
Employees aged 50 and over can make an additional catch-up contribution of $7,500, bringing their contribution limit to $31,000.
Under the Secure Act 2.0, employees who are 60, 61, 62, and 63 have an even higher catch-up contribution limit of $11,250 instead of $7,500.
The combined total for employee and employer contributions for defined contribution plans—which include 401(k), 403(b), employee stock ownership, and profit-sharing plans—is $70,000.
IRA contribution limits 2025
The 2025 IRA contribution limit is $7,000. Employees aged 50 and over can make an additional catch-up contribution of $1,000.
The 2025 SIMPLE IRA contribution limit is $16,500. The catch-up contribution for employees aged 50 and over is $3,500. Employees aged 60, 61, 62, and 63 have an even higher catch-up contribution limit of $5,250.
Retirement plan contribution limits 2024 [Chart]
Retirement plan contribution limits are subject to change annually. Use the chart to compare 2025 limits with 2024 limits.
| Retirement Plan | 2025 Limit | 2024 Limit |
|---|---|---|
| 401(k), 403(b), 457, and Thrift Savings Plans | $23,500 | $23,000 |
| —Catch-up contribution (ages 50 and up) | $7,500 | $7,500 |
| —Catch-up contribution (ages 60, 61, 62, and 63) | $11,250 | N/A |
| Defined Contribution Plans (Employee + Employer) | $70,000 | $69,000 |
| IRA Plans | $7,000 | $7,000 |
| —Catch-up contribution (ages 50 and up) | $1,000 | $1,000 |
| SIMPLE IRA Plans | $16,500 | $16,000 |
| —Catch-up contribution (ages 50 and up) | $3,500 | $3,500 |
| —Catch-up contribution (ages 60, 61, 62, and 63) | $5,250 | N/A |
Want to offer your employees 401(k) plans with ease? Patriot’s payroll software offers free 401(k) integration with our partner, Vestwell.
This is not intended as legal advice; for more information, please click here.