401k Limit 2025 Over 50

401k Limit 2025 Over 50. As it now stands, you must work 1,000 hours in a year or 500 hours over three consecutive years to qualify for an employer's 401(k) plan, said gobankingrates. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.

The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000. Employees age 50 and older can contribute an additional $7,500 for a total.