401k Max Contribution 2025 For People Over 50

401k Max Contribution 2025 For People Over 50. The irs sets the max that you and your employer can put into your 401(k) each year. Here's why you should update your account now, financial experts say.


401k Max Contribution 2025 For People Over 50

That’s on top of the standard $23,500 limit for everyone else. For example, if you pay $3,000 toward your student loan for the year and your employer has a 401(k) match of 50%, they could kick in $1,500 (or 50% of $3,000) to your 401(k).

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