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For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.
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A standard deduction is a fixed amount that you can deduct from your taxable income right away, to reduce your overall tax.
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The 401(k) contribution limit for 2025 is $23,000. Learn more about changes to.
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In 2025, employees under age 50 can contribute a maximum of $23,000 to their 401(k) plan.
