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