2025 Contribution Limits

The new Retirement Plan Contribution Limits are official!

The following limits are going up for 2025:

Maximum contributions for 401(k), 403(b) and 457 increases to $23,500
Maximum contributions for highly compensated employees increased to $160,000
Maximum contributions for SIMPLE retirement accounts increased to $16,500
Maximum contributions for Defined Contribution Limit increased to $70,000
NEW Super Catch-up for Age 60-63 is $11,250

Review the full list of contribution limit changes below and share with your plan participants!

2025 Contribution Limits

Frank P. Zocco, Jr., CFP®, AIF®, CRPS®

Partner

Jacobs Financial Partners, LLC

95 Glastonbury Blvd, Suite 210

Glastonbury, CT 06033

(860) 657-8757

www.JacobsFinancialPartners.com

Frank@jacobsfinancialpartners.com

Investment Adviser Representative offering securities and advisory services through Cetera Advisor Networks LLC, member FINRA / SIPC, a broker-dealer and registered investment adviser. Cetera is under separate ownership from any other named entity.

Distributions from traditional IRA's and employer sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching age 59 ½, may be subject to an additional 10% IRS tax penalty. All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.