2026 retirement plan limits
Contribution and Benefit Limits
| Item | 2026 | 2025 |
|---|
| Elective Deferral Limit | $24,500 | $23,500 |
| Catch-Up Contributions | $8,000 | $7,500 |
| Increased Catch-Up for Participants Aged 60-63 | $11,250 | $11,250 |
| Annual Contribution Limit | $72,000 | $70,000 |
| Annual Contribution Limit including Catch-Up Contributions | $80,000 | $77,500 |
| Annual Defined Benefit Limit | $290,000 | $280,000 |
Compensation Limits
| Item | 2026 | 2025 |
|---|
| Maximum Plan Compensation | $360,000 | $350,000 |
| Income Subject to Social Security | $184,500 | $176,100 |
| Key EE Compensation Threshold | $235,000 | $230,000 |
| Highly Compensated EE Threshold | $160,000 | $160,000 |
IRA Limits
| Item | 2026 | 2025 |
|---|
| SIMPLE Plan Elective Deferrals | $17,000 | $16,500 |
| SIMPLE Catch-Up Contributions | $4,000 | $3,500 |
| Individual Retirement Account (IRA) | $7,500 | $7,000 |
| IRA Catch-Up Contribution | $1,100 | $1,000 |
Catch-up contributions start the year a participant turns 50; the higher catch-up applies at ages 60 to 63. Highly compensated status for 2026 is based on 2025 pay over $160,000.
Questions about a plan? Contact us.
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Prime Pensions, Inc. · 25B Vreeland Road, Suite 209, Florham Park, NJ 07932
For general information only, based on 2026 IRS limits and rules. Not tax or legal advice. Prime Pensions is not affiliated with any investment product provider and does not offer investment advice.
