Annual Limits

2026 Elective Deferral Limit

$24,500

2026 Catch-up Contribution Limit

$8,000

2026 Defined Contribution Limit

$72,000

www.irs.gov/Retirement-Plans/COLA-Increases-for-Dollar-Limitations-on-Benefits-and-Contributions

Please see our COLA Increases Table for prior years’ dollar limitations and Internal Revenue Code references.

 

 2026 2025   2024
IRAs
IRA Contribution Limit 7,500 7,000 7,000
IRA Catch-Up Contributions 1,100 1,000 1,000
IRA AGI Deduction Phase-out Starting at
Joint Return 129,000 126,000 123,000
Single or Head of Household 81,000 79,000 77,000
SEP
SEP Minimum Compensation 800 750 750
SEP Maximum Contribution 72,000 70,000 69,000
SEP Maximum Compensation 360,000 350,000 345,000
SIMPLE Plans
SIMPLE Maximum Contributions 17,000 16,500 16,000
Catch-up Contributions 4,000 3,500 3,500
401(k), 403(b), Profit-Sharing Plans, etc.
Annual Compensation 360,000 350,000 345,000
Elective Deferrals 24,500 23,500 23,000
Catch-up Contributions 8,000 7,500 7,500
Defined Contribution Limits 72,000 70,000 69,000
ESOP Limits

1,455,000

290,000

1,415,000

280,000

1,380,000

275,000

Other
HCE Threshold 160,000 160,000 155,000
Defined Benefit Limits 290,000 280,000 275,000
Key Employee 235,000 220,000 220,000
457 Elective Deferrals 24,500 23,500 23,000
Control Employee (board member or officer) 145,000 140,000 135,000
Control Employee (compensation-based) 290,000 285,000 275,000
Taxable Wage Base 184,500 176,100 168,600
 Highly Paid Individual (HPI) threshhold* TBD 150,000 N/A

*HPI’s are limited to Catch-up Contributions as Roth Deferrals if they made more than the listed amount in the prior year. Plan must allow Roth Contributions or HPI’s cannot make Catch-up Contributions.