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IRS Plan Limits

**Harvard University Medical FSA 2025 Limit is $3,200

Starting in 2025: For the year in which a participant turns 60, 61, 62, 63 they can boost their salary deferrals (traditional or Roth) to their 401(k) or 403(b) plan with an increased catch-up contribution limit of the greater of the following amounts:150% of the regular catch-up amount for 2024 ($11,250). For the year in which you turn 64, or older, your limit will revert to the age 50 catch up limits ($7,500 as indexed each year for cost of living adjustments).



*Medical mileage reimbursement for 2024: $0.21 per mile.