Each year, the IRS announces cost-of-living adjustments to contribution limits for retirement savings plans — 401(a), 401(k), 403(b), and 457(b), along with health savings accounts (HSAs). The limits are listed in charts that appear by selecting the tabs below.

Log in to your employer’s retirement savings plan to review your current contribution amounts or to make any changes. If you’re contributing less than the applicable IRS limit, consider increasing your contribution rate so you’ll be better prepared for the financial future you deserve. 

Save more in 2025 if you turn 60-63 during the calendar year. The IRS already permits you to make catch-up contributions above the standard contribution limit starting in the year you turn 50. Under the SECURE 2.0 Act, effective January 1, 2025, if you turn ages 60-63 during the calendar year, you may be able to contribute a higher catch-up contribution. The higher limit is equal to $11,250 in 2025.

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Deferral and Catch-Up Limits

401(k), 403(b), certain 457(b) Plans 

 20252024
Age 49 and under$23,500$23,000
Age 50-59 and 64+ catch-up*Additional $7,500Additional $7,500
Age 60-63 catch-up*Additional $11,250Additional $7,500
403(b) 15 years of service catch-up**Up to an additional $3,000Up to an additional $3,000
457(b) special election catch-up***Up to an additional $23,500Up to an additional $23,000

* Age 50+ before year-end. If you participate in a 457(b) plan, the age 50+ catch-up is only available if a governmental employer sponsors the plan.

** The 15 years of service catch-up may apply to employees participating in a 403(b) tax-deferred annuity who have had at least 15 years of service with an educational organization, hospital, home health agency, health and welfare service agency, church or convention or association of churches. The additional catch-up cannot cumulatively exceed $15,000 throughout the 403(b) participant’s lifetime. The additional catch-up requires a calculation to determine the available amount. If you’re a 403(b) participant who is eligible for both the 15 years of service catch-up and the age 50+ catch-up in the same year, the Internal Revenue Code requires you to first contribute the maximum permitted under that year’s 15 years of service catch-up before contributing under the age 50+ catch-up.

*** This special election catch-up applies to employees participating in an eligible governmental 457(b) deferred compensation plan who have elected the special catch-up available in the three years prior to the year of normal retirement age. If you’re eligible for both the age 50+ catch-up and the special election catch-up under your 457(b) plan, IRS rules do not permit you to use both in the same calendar year. IRS rules allow you to use the catch-up that produces the greater amount.
 

Definitions for Cost-of-Living Adjustments

Get more details about specific terms