401k Contribution Limits 2025 Over 60. For those with a simple ira, you can contribute an additional $500 for 2025 which brings the annual. And starting next year, employees over 60 can additionally contribute as much as $11,250.
Some contribution limits and income limits are projected to go up in 2025. If you’re 60, 61, 62, or 63 in 2025, you may be able to leverage this provision to increase your savings.