The IRS has released the Annual Plan Limitations for 2025 for defined contribution and defined benefit plans. 403(b), 457(b), & 401(k) elective deferral, catch-up and other key limits are listed below.
2025 Limits | 2024 Limits | |
---|---|---|
Employee Elective Deferrals to 403(b), 457(b) and 401(k) Plans | $23,500 | $23,000 |
Catch-Up Contributions (Age 50 or older) to 403(b), 457(b) and 401(k) Plans | $7,500 | $7,500 |
Catch-Up Contributions (Ages 60 – 63 in 2025) to 403(b), 457(b) and 401(k) Plans | $11,250 | n/a |
Annual Addition Dollar Maximum (applies to Employer-paid 401(a), 403(b) and 401(k) Plans) | $70,000 | $69,000 |
Defined Benefit Dollar Maximum | $280,000 | $275,000 |
Highly Compensated Employee Threshold (applies mainly to 401(k) Plans) | $160,000 | $155,000 |
Key Employee Threshold (applies mainly to 401(k) Plans) | $230,000 | $220,000 |
Annual Compensation (applies to almost all retirement plans) | $350,000 | $345,000 |
Annual IRA contribution | $7,000 | $7,000 |
IRA catch-up contributions (age 50 and older; unchanged) | $1,000 | $1,000 |
Health Savings Accounts (HSA) Contribution Limits | $4,300 Individuals // $8,550 Families | $4,150 Individuals // $8,300 Families |
HSA Catch Up Contributions (age 55+) | $1,000 | $1,000 |
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