2025 Retirement Plan Contribution Limits 

(Solo) 401k, 403b, TSP

• The employee annual contribution limit: $23,500 (increased by $500).
• The company's annual contribution limit: $46,500 (increased by $500).
• The total maximum contribution: $23,500 + $46,500 = $70,000 (increased by $1,000).

For individuals aged 50 and over:

• Catch-up: +$7,500.
• The employee contribution limit: $31,000 (increased by $500).
• The total maximum contribution: $31,000 + $46,500 = $77,500 (increased by $1,000).

For individuals aged 60 to 63:

• Enhanced catch-up: +$11,250.
• The employee contribution limit: $34,750.
• The total maximum contribution: $34,750 + $46,500 = $81,250.

Maxing-out retirement plans

• Certain retirement plans, such as 401ks, allow individuals to maximize contributions through strategies like Profit Sharing and Mega Backdoor Roth Conversions.
• Profit Sharing enables employers to make discretionary contributions to employees' retirement accounts.
• The Mega Backdoor allows high-income earners to contribute after-tax dollars to their 401k and subsequently convert those funds into a Roth account.

401a

• The annual contribution limit: $70,000 (increased by $1,000).

457b

• The annual contribution limit: $23,500.

For individuals aged 50 and over:

• Catch-up: +$7,500.
• The total contribution limit: $31,000.

For individuals aged 60 to 63:

• Enhanced catch-up: +$11,250.
• The total contribution limit: $34,750.

Participants within three years of their retirement age:

• Special catch-up: +$23,500.
• The total contribution limit: $47,000.

Traditional IRA + Roth IRA

• The IRA contribution limit: $7,000.

For individuals aged 50 and over:

• Catch-up: +$1,000.
• The contribution limit: $8,000.

Traditional IRA:

• For the traditional IRA, the limits on MAGI (modified AGI) for receiving the full tax deduction increased by $2,000-6,000 (relevant if the employee or the spouse participates in an employer-sponsored retirement plan).
• Single/head of household covered by a plan at work: $77,000 → $79,000.
• Married couples filing jointly covered by a plan at work: $123,000 → $126,000.
• Married couples filing jointly, and your spouse is covered by a plan at work: $230,000 → $236,000.

ROTH IRA:

• The MAGI caps for direct contributions to a Roth IRA increased by $4,000-6,000:
• For singles: $146,000 → $150,000.
• For married couples filing jointly: $230,000 → $236,000.
• Sometimes, Backdoor Conversion to Roth may help bypass the limitations of high MAGI.

SEP IRA

• The annual contribution limit: $70,000 (increased by $1,000).

SIMPLE IRA

• The annual contribution limit: $16,500 (increased by $500).

For individuals aged 50 and over:

• Catch-up: +$3,500.
• The annual contribution limit: $20,000

For individuals aged 60 to 63:

• Catch-up: +$5,250.
• The annual contribution limit: $21,750.

The income limit for the Saver's Credit (increased by $1,250-2,500):

• Individuals: $38,250 → $39,500.
• Heads of household: $57,375 → $59,250.
• Married couples filing jointly: $76,500 → $79,000.

HSA

• The contribution limit for an individual: $4,300 (increased by $150).
• The family contribution limit is $8,550 (increased by $250).
• The catch-up for those who are 55 or older: +$1,000.

HDHP Limits

• The minimum deductibles for individuals and families are $1,650 and $3,300, respectively.
• Out-of-pocket maximums for individuals and families: $8,300 and $16,600, respectively.