2025 Retirement Plan Contribution Limits
The IRS has made some notable changes to retirement plans in 2025, including an increase to the 401(k), 401(k) catch-up, and HSA contribution amounts. A summary table is below.
In many cases, application of these rules can be tricky, especially if you’re married, in a domestic partnership, have access to multiple plans, are self-employed, or lose plan access mid-year; the nuances of these cases are not covered here.
2025 401(k), 403(b), and TSP Employee Contribution Limit
The employee contribution limit for 401(k), 403(b), and TSP plans has increased from $23,000 in 2024 to $23,500 in 2025.
The catch-up contribution for those ages 50 and older has remained steady at $7,500 in 2025, which means employees ages 50 and older can contribute up to $31,000 in 2025.
A super catch-up contribution provision was added this years for those ages 60-63. The catch-up amount for those ages increased from $7,500 in 2024 to 11,250 in 2025.
2025 401(k), 403(b), and 401(a) Total Contribution Limit
The sum of employer and employee contributions limit for 401(k), 403(b), and TSP plans has increased from $69,000 in 2024 to $70,000 in 2025.
For those ages 50 and older, if you include the catch-up contribution, the limit is $77,500. For those ages 60-63, the limit is $81,250.
2025 457(b) Total Contribution Limit
The employee contribution limit for 457(b) plans has increased from $23,000 in 2024 to $23,500 in 20245 Remember, those with access to a 401(k) and a 457(b) plan can max both plans out!
The 457(b) catch-up contribution for those ages 50 and older has remained steady at $7,500 in 2024; however, check with your plan administer to see if the “last 3-year-catch-up” provision applies.
2025 Traditional IRA and Roth IRA Contribution Limit
The contribution limits for Traditional IRAs and Roth IRAs has remained at $7,000 in 2025 (no change).
The catch-up provision for those ages 50 and older remains at $1,000 in 2025 (no change).
2025 Traditional IRA Income Phaseout Limit
For those who are unmarried without a retirement plan at work, Traditional IRA contributions are fully deductible in 2025.
For those with a retirement plan at work, the tax deductibility of Traditional IRA contributions has the following income phaseout ranges:
Single (2024): $77,000-$87,000
Single (2025): $79,000-$89,000
Married Filing Jointly (2024): $123,000-$143,000
Married Filing Jointly (2025): $126,000-$146,000
If you are married but only your spouse is covered by a retirement plan, the following phaseout range applies to you:
2024: 230,000-$240,000
2025: 236,000-$246,000
2025 Roth IRA Income Phaseout Limit
The contribution eligibility for a Roth IRA has the following income phaseout ranges:
Single and Head of Household (2024): $146,000-$161,000
Single and Head of Household (2025): $150,000-$165,000
Married Filing Jointly (2024): $230,000-$240,000
Married Filing Jointly (2025): $236,000-$246,000
2025 Health Savings Account (HSA) Contribution Limits
The 2025 single contribution limits for HSA plans has increased to $4,300 from $4,150 in 2024.
The 2024 family contribution limits for HSA plans has increased to $8,550 from $8,300 in 2024.
The HSA catch-up provision for those ages 55 and older remains at $1,000 for singles and $2,000 for families in 2024. Remember that for families, each partner may put $1,000 of catch-up contribution into their own individual HSA, but not into the same HSA, for a total of $2,000.
2025 Flexible Spending Account (FSA) Contribution Limits
The 2024 healthcare FSA contribution limit has increased to $3,300 from $3,200 in 2024.
Please don’t confuse FSA plans with dependent care FSA plans; these are not the same thing.
2025 SEP IRA Contribution Limits
The SEP IRA limit has increased from $69,000 in 2024 to $70,000 in 2025. Remember, SEP IRA contributions can only be made by the employer.
SOURCE: https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000
