For any participant born after 1975, the maximum dollar amount of employee Pre-Tax and/or Roth After-Tax 401(k) contribution is $23,500.

For any participant born in 1975 or earlier, an additional $7,500 “catch-up” contribution may be made, for a total Pre-Tax and/or Roth After-Tax 401(k) contribution of $31,000

The annual compensation limit has been increased from $345,000 to $350,000 for plan years beginning in 2025.