Resolve to save more in 2025!

457(b), 403(b), and Thrift Savings Plans

The contribution limit for employees who participate in a 457(b) plan, 403(b) plan, or the federal government’s Thrift Savings Plan is $23,500 in 2025 (UP from $23,000 in 2024).

Catch-Up Contributions

The catch-up contribution limit for individuals age 50+ is $7,500 in 2025 (unchanged from 2024).

Defined Contribution Plans in Total

The total contribution limit for defined contribution plans is $70,000 in 2025 (UP from $69,000 in 2024).

IRAs

The contribution limit to an Individual Retirement Account (IRA) remains $7,000 in 2025 (unchanged from 2024).

For Additional Details:

Read the IRS’ full announcement HERE.

Contact your RPA Financial Advisor to increase your retirement plan contributions.