The New Retirement Plan Contribution Limits are Official!
The following limits are going up for 2025:
- Maximum contributions for 401(k), 403(b) and 457 increase to $23,500
- Maximum contributions for SIMPLE retirement accounts increase to $16,500
- Maximum contributions for Defined Contribution Limit increase to $70,000
- NEW Super Catch-up for Age 60-63 is $11,250
Review the full list of contribution limit changes below and share with your plan participants!
Click to Download: 2025 Contribution Limits
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Exceed Wealth and Retirement Group, Inc. is not a division of Mutual of Omaha Insurance Company. Securities offered through Mutual of Omaha Investor Services, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. Exceed Wealth and Retirement Group, Inc. and Mutual of Omaha Investor Services are not affiliated. Advisory services offered through Mutual of Omaha Investor Services, Inc., a SEC Registered Investment Advisory Firm. Trading instructions sent via e-mail will not be honored.
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This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance.
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