2025 Annual Limits Relating to Financial Planning
Below are the new annual limit changes for 2025. Please contact us here and we can provide the PDF of the tables included below.
Notable Limit Changes
IRA and Roth IRA
- Contribution limits increase from $7,000 to $7,500
- Catch-up contribution unchanged at $1,000
- Roth IRA phaseout limit increases
- Single Limit: $150,000 ~ $165,000
- Joint Limit: $236,000 ~ $246,000
Retirement Plans – (401(k), TSP, 403(b), 457 and SARSEPs
- Contribution limit increase from $23,000 to $23,500
- Catch-up contributions unchanged at $7,500
- New catch-up for Age 60 to 63 of $11,250
Social Security Wage Base
Increases from $168,600 to $176,100.
Standard Deduction
- Single increases from $14,600 to $15,000
- Joint increases from $29,200 to $30,000
Reach Out to Us!
If you have additional federal benefit questions, contact our team of CERTIFIED FINANCIAL PLANNER™ (CFP®) and Chartered Federal Employee Benefits Consultants (ChFEBC℠). At PlanWell, we are federal employee financial advisors with a focus on retirement planning. Learn more about our process designed for the career fed.
Preparing for federal retirement? Check out our scheduled federal retirement workshops. Sign up for our no-cost federal retirement webinars here! Make sure to plan ahead and reserve your seat for our FERS webinar, held every three weeks. Want to have PlanWell host a federal retirement seminar for your agency? Reach out, and we’ll collaborate with HR to arrange an on-site FERS seminar.
Want to fast-track your federal retirement plan? Skip the FERS webinar and start a one-on-one conversation with a ChFEBC today. You can schedule a one-on-one meeting here.
