2025 401k Limits Age 60. For 2025, the annual employee contribution limit for 401 (k) plans is set to. The irs has released the updated contribution limits for retirement plans in 2025.

However, individual retirement account (ira) contributions will continue to be $7,000 in 2025, the same as in 2024. To start, individuals can contribute up to $23,500 — an extra $500 from the 2024 limit — to their 401 (k) plans in 2025, according to the irs announcement.