🏖️ Retirement Contribution Limits
Annual IRS limits for 401(k), 403(b), and most 457 plans. The SECURE 2.0 Act introduced a higher catch-up limit for participants ages 60–63 starting in 2025.
For informational purposes only. Verify current limits at irs.gov. Limits are subject to annual IRS announcements.
401(k), 403(b), and 457 Limits
| Year | Employee Limit | Catch-Up (50+) | Total Max (w/ employer) |
|---|---|---|---|
| 2025 | $23,500 | $7,500 | $70,000 |
| 2024 | $23,000 | $7,500 | $69,000 |
| 2023 | $22,500 | $7,500 | $66,000 |
| 2022 | $20,500 | $6,500 | $61,000 |
| 2021 | $19,500 | $6,500 | $58,000 |
| 2020 | $19,500 | $6,500 | $57,000 |
Total maximum includes employee contributions + employer match/profit sharing (combined limit).
SIMPLE IRA Limits
| Year | Contribution Limit | Catch-Up (50+) |
|---|---|---|
| 2025 | $16,500 | $3,500 |
| 2024 | $16,000 | $3,500 |
| 2023 | $15,500 | $3,500 |
Key Notes
- •SECURE 2.0 Act (2022): Introduced an enhanced catch-up limit of $11,250 for participants ages 60–63 starting in 2025, in addition to the standard 50+ catch-up.
- •403(b) and 457 plans follow the same employee deferral limits as 401(k) plans.
- •Total max (combined limit) applies to all contributions from all sources (employee + employer) into a single plan.