457 Max Contribution 2025 Over 50

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457 Max Contribution 2025 Over 50. Employees age 50 or older may contribute up to an additional $7,500 for a total of $31,000. The irs has announced the 2025 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.


457 Max Contribution 2025 Over 50

The regular contribution limit to their simple plans is $17,600 in 2024 and 2025. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025.

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