2025 Ira Contribution Limits Catch Up

2025 Ira Contribution Limits Catch Up. The contribution limits for a traditional or roth ira increased last year but remain steady for 2025. The total possible contribution allowed in a 401(k) plan is $34,750 for those aged 60 through 63 in 2025.

The first allowable annual contribution was $1,500; Every few years or so, the irs raises contributions based on inflation.