2025 Annual Contribution Limits
The annual IRS contribution limits are increased periodically due to inflation, but they're not increased every year. The higher catch-up limits are optional for employers; talk to your employer to learn more about your plan limits. Also, keep in mind that, in some 457 plans and the Thrift Savings Plan (TSP), there are a few circumstances when you can contribute above the annual limits. In addition, the maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your income.
| Product | Maximum Annual Contribution Limit |
|---|---|
| Traditional IRA & Roth IRA | $7,000, plus $1,000 catch-up if 50 or older (Limit is for the total contributions to all traditional or Roth IRAs.) |
| Traditional 401(k) & 403(b) | $23,500, plus $7,500 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| Roth 401(k) & 403(b) | $23,500, plus $7,500 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| 457 | $23,500 for most plans, plus $7,500 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 (plus potential for additional catch-up when approaching retirement) |
| Thrift Savings Plan | $23,500, plus $7,500 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| SEP IRA | 25% of your self-employment net earnings, up to a cap of $70,000 |
| SIMPLE IRA | $16,500, plus $3,500 catch-up if 50 or older |
