2025 5 Max 401k Contribution Limits. In 2025, the 401 (k) contribution limit for participants is increasing to $23,500, up from $23,000 in 2024. For 2025, the annual employee contribution limit for 401 (k) plans is set to increase from $23,000 in 2024 to a record high of $23,500.
The internal revenue service (irs) has announced the retirement plan contribution limits for 2025, bringing several key changes for 401(k) plan sponsors. In 2025, the irs has forecasted an increase in the 401 (k) elective deferral limit to $24,000, up by $1,000 from the current limit.