The regular 401(k) limit will increase from $23,000 to $23,500 in 2025.
The regular catchup limit for participants who are age 50 or over in 2025 will stay the same at $7,500. But there's something new! If you are between ages 60 and 63 in 2025, your catch up limit is not $7,500 but $11,250!
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Jeff Esmond is an aspiring blogger. Archives
November 2024
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