Internal Revenue Service has released the 2026 cost-of-living-adjustments for qualified and personal retirement plans.
| Contribution & Benefit Limits | 2026 |
| Defined Contribution – 415(c)(1)(A) | $72,000 |
| Defined Benefit & Cash Balance Plans – Annuity Limit | $290,000 |
| Cash Balance Plan Lump Sum Maximum (indexed annually for inflation) | $3,700,000 |
| 401(k), 403(b) and 457 Plan Elective Deferrals | 24,500 |
| 401(k), 403(b) and 457 Plan Catch-Up Contribution | $8,000 |
| SIMPLE Plan Elective Deferrals | $17,000 |
| SIMPLE Plan Catch-Up Contribution | $4,000 |
| IRAs – Traditional and Roth | $7,500 |
| IRA Catch-Up Contribution | $1,100 |
| Other Limits | |
| Maximum Covered Compensation | $360,000 |
| Social Security Taxable Wage Base | $184,500 |
| Definition of Highly Compensated Employee | $160,000 |
| Definition of Key Employee | $235,000 |
| SEP Minimum Compensation | $800 |
Contact us to learn how these limits affect your retirement plan.