a close up of a paper with numbers on it by Annie Spratt courtesy of Unsplash.

Key Financial Numbers for 2025: What You Need to Know

Matthew Barker |

The latest key financial numbers for 2025 were recently released. These updated figures play an essential role in tax and retirement planning and understanding them can help you make the most of your contributions and deductions for the upcoming year.

 

Key Takeaways:

 

  • 401(k) Contribution Limit: The 401(k) contribution limit has increased by approximately $500 for 2025.
  • Catch-Up Contribution Limit: No change to the catch-up contribution for those 50 and older.
  • Updated IRA Phase-Out Ranges: New phase-out ranges for IRA contributions have been adjusted for inflation.
  • Resource Available: A complimentary PDF guide with the full list of 2025 key financial numbers is available on our website for easy access.

 

The New 2025 Financial Numbers Are Here
Each year, updated financial limits and phase-out ranges are released toward the end of October, and these changes can make a difference in your financial planning. For 2025, these updates include adjustments for inflation, such as a $500 increase in the 401(k) contribution limit. However, some numbers, like the catch-up contribution for 401(k)s, have stayed the same.

 

For those focused on maximizing retirement savings, understanding these limits can help you make informed decisions, especially if you’re nearing retirement age or working on specific savings goals. Knowing where the IRA phase-out ranges stand is also crucial, as this impacts your ability to contribute based on your income level.

 

Access Your Complimentary Guide to 2025 Financial Numbers

To make these updates more accessible, we’ve put together a complimentary PDF guide with the full list of 2025 financial numbers. You can download it from our website and keep it on hand for reference throughout the year. 

 

Grab Your Complimentary Guide Here

 

If you have any questions as you prepare for 2025, or if you’d like advice on how to use these numbers to your advantage, give us a call. You can schedule a quick call or meeting on our website. We’re here to help you make the most of these updates and align your financial strategy for the new year.

 

Make it a great day!