2025 401k Contribution Limits 55 And Older. The 401(k) retirement savings plan is undergoing changes in 2025 aimed at enhancing retirement savings opportunities for many americans, particularly older workers. Here’s another set of changes that relate to inflation:
Employees can now defer up to $23,000 into 401(k) plans for 2024, with an extra $7,500 for workers age 50 and older. That’s the standard contribution limit for employees under.