2025 Annual Limits Relating to Financial Planning
Below are the new annual limit changes for 2025. Please contact us if you would like a 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
For more information about TSP maximums in 2025, consider reading our in-depth article: 2025 TSP Contribution Maximums: New Limits Explained.
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.
