2025 Ira Contribution Limit . Contribute up to $23,500 to a 401k or similar plan ($30,500 if 50 or older). For 2025, you can contribute up to $7,000 to your ira, or $8,000 if 50 or older (same as 2024).
These changes apply to 401(k), ira, simple ira, and sep ira plans. However, the irs will hold the ira annual contribution limits constant from 2024 to 2025 at $7,000.
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