Looking Ahead, the IRS Raises 401(k) Contribution Limit to $23,500 for 2025
HR Digest
NOVEMBER 7, 2024
The Internal Revenue Service is making some changes to how much you can contribute to your 401(k) plans. As per the IRS, 401(k) limits for 2025 have been increased to an annual amount of $23,500, up from $23,000. Will the 401(k) Cap Increase Be Enough to Help Employees Save for Retirement?
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