Retirement Plan Limits
Retirement Plan Limits for 2026 and Earlier
Adobe Acrobat PDF version of limits
| Limit and IRC Section | 2026 | 2025 | 2024 | 2023 | 2022 |
| Defined Benefit Plan Dollar Limit IRC §415(b)(1)(A) | $290,000 | $280,000 | $275,000 | $265,000 | $245,000 |
| Defined Contribution Plan Limit IRC §415(c)(1)(A) | $72,000 | $70,000 | $69,000 | $66,000 | $61,000 |
| 401(k)/403(b) Elective Deferral Limit IRC §402(g)(1) | $24,500 | $23,500 | $23,000 | $22,500 | $20,500 |
| Governments/Tax-Exempts Deferral Limit IRC §457(e)(15) | $24,500 | $23,500 | $23,000 | $22,500 | $20,500 |
| 401(k)/403(b)/457/SARSEP “Catch Up” Limit IRC §414(v)(2)(B)(i) | $8,000 | $7,500 | $7,500 | $7,500 | $6,500 |
| 401(k)/403(b)/457/SARSEP “Catch Up” Limit (Age 60-63) IRC §414(v)(2)(E)(i) | $11,250 | $11,250 | |||
| Annual Compensation Limit IRC §§401(a)(17), 404(l) | $360,000 | $350,000 | $345,000 | $330,000 | $305,000 |
| Highly Compensated Employee (HCE) Limit IRC §414(q)(1)(B) (Compensation exceeding limit will make someone an HCE next year.) | $160,000 | $160,000 | $155,000 | $150,000 | $135,000 |
| Highly Paid Individual (HPI) Limit IRC §414(v)(7)(A) (Compensation exceeding limit will make someone an HPI next year.) | $150,000 | ||||
| Key Employee Officer Compensation IRC §416(i)(1)(A)(i) | $235,000 | $230,000 | $220,000 | $215,000 | $200,000 |
| SEP Minimum Compensation IRC §408(k)(2)(C) | $800 | $750 | $750 | $750 | $650 |
| SEP Compensation IRC §408(k)(3)(C) | $360,000 | $350,000 | $345,000 | $330,000 | $305,000 |
| SIMPLE Employee Contribution Limit IRC §408(p)(2)(E) | $17,000 | $16,500 | $16,000 | $15,500 | $14,000 |
| SIMPLE “Catch Up” Deferral Limit IRC §414(v)(2)(B)(ii) | $4,000 | $3,500 | $3,500 | $3,500 | $3,000 |
| SIMPLE “Catch Up” Deferral Limit (Age 60-63) IRC §414(v)(2)(E)(ii) | $5,250 | $5,250 |
