2025 Irs Limits 401k. Maximum benefit/contribution limits for 2020 through 2025 the annual contribution limit for workers who participate in 401(k), 403(b) and most 457 plans, as well as the federal. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025, the same as in 2024.

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. For the 2025 tax year, the irs is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025.