Total 401k Contribution Limit 2025
Total 401k Contribution Limit 2025. The irs raised the standard 401(k) contribution limit. For tax year 2025, employees can defer $23,500 into their 401 (k) and iras, a modest increase from the $23,000 contribution limit in 2024.
Current law says employers must enable employees to participate in the companyโs 401(k) plan, if available, when workers meet. In 2025, the irs has forecasted an increase in the 401(k) elective deferral limit to $24,000, up by $1,000 from the current limit.
