The IRS has just released the NEW 2025 retirement contribution limits. We’ve outlined some of what’s new for 2025 and what these changes could mean for your retirement outlook. We will be publishing a user friendly FULL 2025 tax numbers document soon. Be sure to keep an eye out on weekly market updates.
Here’s a quick look at the new 2025 numbers:
- The 2025 pre-tax and Roth 401k limits have gone from $23,000 in 2024 to $23,500.
- If you are 50 to 59 or age 64+ in 2025, your additional catch-up contribution is up to $7,500
- New for 2025 if you are age 60 to 63 in 2025 you have a super catch-up contribution of up to $11,250!
- The IRA did NOT increase the IRA contribution limits stayed the same at $7,000 with a catch-up for age 50 + at $1,000.
These adjustments represent a powerful opportunity to strengthen your retirement plan and bring you closer to your financial goals.
Curious about what these new limits mean for you personally? Schedule a free consultation with us, and we’ll walk you through how to make the most of these changes for a brighter retirement.
And, as always, here’s your Weekly Market Update to keep you informed.