2025 Contribution Limit 401k. That's a $500 bump from the $23,000 elective deferral limit for 401(k) plan employee contributions in 2024. Starting in 2025, employees can contribute up to $23,500 into their 401(k) and 403(b) plans, most 457 plans, and the thrift savings plan for federal employees, the irs announced nov.

The internal revenue service announced today an increase in the amount individuals can contribute to their 401(k) plans for 2025. The 2025 401(k) contribution limit for employees—the same as 403(b), governmental 457 plans, and the federal government’s thrift savings plan—is $23,500.