What Is The Irs Gift Limit For 2024. The irs recently announced that contribution limits for 401(k) retirement plans will increase in 2025, allowing workers to save more for their future. These rates range from 18% to 40%, depending on the value of the gift.

Up slightly from $13.61 million in 2024. For a married couple filing jointly in 2025, the annual gift tax exclusion will be double that: