Source: The College Investor Key Points ・The IRS announced that 401k elective contributions will increase by $500 to $23,500 for 2025 ・The IRA contribution limits will remain the same in 2025 ・Starting in 2025,

Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time.

The IRS just announced 2025's IRA contribution limits. So if you're someone who aims to max out your IRA, you'll want to pay attention. Currently, IRA contributions max out at $7,000 for workers under the age of 50 and $8,

Source: The College Investor If your company offer a 401(k) retirement plan program, it would be good idea to take advantage of it and boost your contributions. That's why we share the latest 401k contribution limits (and age limits for catch-up contributions).