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2025 40k Limit Tamra Lauree, The irs on friday announced an increase to the amount individuals can contribute to their 401 (k) plans in 2025 โ to $23,500, up from $23,000 in 2025.
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In 2025, the irs has forecasted an increase in the 401(k) elective deferral limit to $24,000, up by $1,000 from the current limit. Starting in 2025, employees can defer $23,500 into workplace plans, up from $23,000 in 2025.
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