2025 Retirement Plan Limits

2024

2025

Maximum Elective Deferrals to §401(k), §403(b), and §457(b) Plans

$23,000

$23,500

Maximum Catch-up Elective Deferrals to Plans (for participants ages 50-59 or ages 64 or older by the end of the year)

$7,500

$7,500

Maximum Catch-up Elective Deferrals to Plans (for participants ages 60-63 by the end of the year) *

$7,500

$11,250

Section 415 Limits:

- Defined Contribution Plan Annual Addition Maximum

- Defined Benefit Plan Dollar Maximum

$69,000

$275,000

$70,000

$280,000

Annual Compensation Limit under §§401(a)(17), 404(l) and 408(k)

$345,000

$350,000

§414(q) Highly Compensated Employee definition

$155,000

$160,000

§416(i) Top-Heavy Compensation – Used to determine officers as key employees

$220,000

$230,000

Maximum eligible distribution to victims of domestic abuse (if added to the Plan)

$10,000

$10,300

Maximum pension-linked emergency savings account (if added to the Plan)

$2,500

$2,500

Premiums paid for qualifying longevity annuity contracts

$200,000

$210,000

§409(o) Maximum ESOP Account Balance Subject to 5-Year Distribution Period

$1,380,000

$1,415,000

ESOP Amount Used to Determine Extensions of the 5-Year Distribution Period

$275,000

$280,000