Limits

Many benefit plan limits have changed for the new calendar year. Here are some limits to review for 2025:

401(k) Limits

• Pre-tax contributions: $23,500 (up $500 from 2024)
• Catch-up contributions: $7,500 (no change from 2024)
  • Exception: $11,250 for employees ages 60-63

Health Savings Account (HSA) Limits

• Pre-tax contributions:
  • Single coverage: $4,300 (up $150 from 2024)
  • Family coverage: $8,550 (up $250 from 2024)
• Catch-up contributions: $1,000 (no change from 2024)

High Deductible Health Plan (HDHP) Limits

• HDHP minimum deductibles:
  • Single coverage: $1,650 (up $50 from 2024)
    Family coverage: $3,300 (up $100 from 2024)
• HDHP maximum out-of-pocket costs:
  • Single coverage: $8,300 (up $250 from 2024)
  • Family coverage: $16,600 (up $500 from 2024)

Flexible Spending Account (FSA) Limits

• Contributions: $3,300 (up $100 from 2024)