2026 Retirement Plan Limits

2026 Retirement Plan Limits

Internal Revenue Service has released the 2026 cost-of-living-adjustments for qualified and personal retirement plans.

Contribution & Benefit Limits2026
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 Deferrals24,500
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.