2025 401k Catch Up Rules Married Filing Jointly

2025 401k Catch Up Rules Married Filing Jointly. 401k Contribution Limits 2025 Irs Rene Vallie For single individuals covered by an employer retirement plan, the phase-out range is $79,000-$89,000 for 2025, up from $77,000-$87,000 For married couples filing jointly, the phase-out range has increased to between $236,000 and $246,000, up from between $230,000 and $240,000.

2025 2024 2023; Married filing jointly; a spouse who participates in an employer-sponsored plan: $126,000- $146,000: $123,000- $143,000: Maximum contribution to 401(k) through catch-up contributions for ages 50 and older: The catch-up contribution limit for individuals aged 50 and older remains at $7,500

401k Individual Contribution Limit 2025 Ivy Marybelle

Married filing jointly where both spouses are covered by retirement plans. For 2025, the catch-up contribution limit for 401(k) plans remains at $7,500. Up $3,000: Married couples filing jointly if the IRA contributor is not covered by a workplace retirement plan and is married to someone who is covered:

401k Contribution Limits 2025 Catch Up Married Filing Jointly Drucy Giralda. Workers aged 50 and older are eligible to make additional "catch-up" contributions to their retirement accounts Married filing jointly where both spouses are covered by retirement plans.

401k Contribution Limits 2025 Irs Rene Vallie. Employee 401(k) contributions: 2025: $23,500 (up $500 from 2024) The catch-up contribution limit for Plan participants aged 50 or older remains at $7,500 for the 2025 tax year. For married couples filing jointly, if the spouse making the IRA contribution is covered by an employer retirement plan, the phase-out range is increased to $126,000- $146,000, up from $123,000-$143,000.