Annual Limits

Annual Compensation and Contribution Limits for Qualified Retirement Plans

The tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. The Internal Revenue Code (IRC) requires the limits to be adjusted annually for cost-of-living increases. BCG is pleased to present this table for your convenience.

2026
2025
2024
2023
401(k) and 403(b) Deferral Limit
24,500
23,500
23,000
22,500
457 Deferral Limit
24,500
23,500
23,000
22,500
401(k), 403(b), 457 Catch-up Contribution Limit 50+
8,000
7,500
7,500
7,500
401(k), 403(b), 457 Catch-up Contribution Limit 60-63
11,250
11,250
n/a
n/a
SIMPLE Deferral Limit
17,000
16,500
16,000
15,500
SIMPLE Catch-up Contribution Limit 50+
4,000
3,500
3,500
3,500
SIMPLE Catch-up Contribution Limit 60-63
5,250
5,250
n/a
n/a
Annual Compensation Limit
360,000
350,000
345,000
330,000
Defined Benefit 415 Limit
290,000
280,000
275,000
265,000
Defined Contribution 415 Limit
72,000
70,000
69,000
66,000
Dollar Limit for HCEs
160,000
160,000
155,000
150,000
Dollar Limit for Key Employee
235,000
230,000
220,000
215,000
Social Security Taxable Wage Base
184,500
176,100
168,600
160,200

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