The IRS has unveiled significant adjustments to retirement savings for 2025, including the 401(k) contribution limit raised to $23,500 and maintaining the IRA limit at $7,000. Additionally, the IRS introduced new rules for IRA contributions, Roth IRA income limits, and 401(k) catch-up contributions, reflecting a positive trend in the economy. These changes, part of the SECURE Act 2.0, aim to enhance retirement savings, benefiting older workers particularly. As individuals strategize their retirement plans, understanding these adjustments and the implications of new IRA rules will be crucial for effective long-term financial planning.