401 Limits 2025

401 Limits 2025. For 2024 and 2025, you can contribute an additional $7,500 to traditional and roth 401 (k) accounts and $3,500 to a simple 401 (k). 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.

A lot has changed since the 401(k) first came onto the scene in 1978. 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.