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| Type of Limitation | 20261 | 20252 | 20243 | 20234 | 20225 | 20216 |
| Elective Deferrals (401(k) and 403(b); not including adjustments and catch-ups) | $24,500 | $23,500 | $23,000 | $22,500 | $20,500 | $19,500 |
| 457(b)(2) and 457(c)(1) Limits (not including catch-ups) | $24,500 | $23,500 | $23,000 | $22,500 | $20,500 | $19,500 |
| Section 414(v) Catch-Up Deferrals to 401(k), 403(b), 457(b), or SARSEP Plans for Individuals Over Age 507 | $8,000 | $7,500 | $7,500 | $7,500 | $6,500 | $6,500 |
| Section 414(v) Catch-Up Deferrals to 401(k), 403(b), 457(b), or SARSEP Plans for Individuals Ages 60-638 | $11,250 | $11,250 | NA | NA | NA | NA |
| Social Security wages requiring Roth to be used for catch-up9 | $150,000 | NA | NA | NA | NA | NA |
| Defined Benefit Plans | $290,000 | $280,000 | $275,000 | $265,000 | $245,000 | $230,000 |
| Defined Contribution Plans (annual additions limit) | $72,000 | $70,000 | $69,000 | $66,000 | $61,000 | $58,000 |
| Annual Compensation Limit | $360,000 | $350,000 | $345,000 | $330,000 | $305,000 | $290,000 |
| Annual Compensation Limit for Grandfathered Participants in Governmental Plans Which Followed 401(a)(17) Limits (With Indexing) on July 1, 1993 | $535,000 | $520,000 | $505,000 | $490,000 | $450,000 | $430,000 |
| Highly Compensated Employee (“HCEs”) | $160,000 | $160,000 | $155,000 | $150,000 | $135,000 | $130,000 |
| Key Employee/Officer | $235,000 | $230,000 | $220,000 | $215,000 | $200,000 | $185,000 |
| Individual Retirement Accounts (“IRAs”), for individuals 49 and below | $7,500 | $7,000 | $7,000 | $6,500 | $6,000 | $6,000 |
| Individual Retirement Accounts (“IRAs”), for individuals 50 and above | $8,600 | $8,000 | $8,000 | $7,500 | $7,000 | $7,000 |
| SIMPLE Retirement Accounts | $17,000 | $16,500 | $16,000 | $15,500 | $14,000 | $13,500 |
| SEP Coverage | $800 | $750 | $750 | $750 | $650 | $650 |
| SEP Compensation | $360,000 | $350,000 | $345,000 | $330,000 | $305,000 | $290,000 |
| Tax Credit ESOP Maximum Balance | $1,455,000 | $1,415,000 | $1,380,000 | $1,330,000 | $1,230,000 | $1,165,000 |
| Amount for Lengthening of 5-Year ESOP Period | $290,000 | $280,000 | $275,000 | $265,000 | $245,000 | $230,000 |
| Maximum Amount for Qualified Longevity Annuity Contract Purchases | $210,000 | $210,000 | $200,000 | $155,000 | $145,000 | $135,000 |
| Income Subject to Social Security Tax | $184,500 | $176,100 | $168,600 | $160,200 | $147,000 | $142,800 |
| FICA Tax for employers | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% |
| FICA Tax for employees | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% |
| Social Security Tax for employers | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% |
| Social Security Tax for employees | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% |
| Medicare Tax for employees and employers10 | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
| SECA Tax for self-employed workers | 15.30% | 15.30% | 15.30% | 15.30% | 15.30% | 15.30% |
| Social Security Tax for self-employed workers | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% |
| Medicare Tax for self-employed workers | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
12026 limits reflect issuance of IRS Notice 2025-67 (November 13, 2025), and the corresponding Social Security Administration News Release (October 24, 2025).
22025 limits reflect issuance of IRS Notice 2024-80, 2024-47 I.R.B. 1120 (November 18, 2024), and the corresponding Social Security Administration News Release (October 10, 2024).
32024 limits reflect issuance of IRS Notice 2023-75, 2023-47 I.R.B. 1256 (November 20, 2023) and the corresponding Social Security Administration News Release (October 12, 2023).
42023 limits reflect issuance of IRS Notice 2022-55, 2022–45 I.R.B. 443 (November 7, 2022) and the corresponding Social Security Administration News Release (October 13, 2022).
52022 limits reflect issuance of IRS Notice 2021-61, 2021–47 I.R.B. 738 (November 22, 2021) and the corresponding Social Security Administration News Release (October 13, 2021).
62021 limits reflect issuance of IRS Notice 2020-79, 2020–46 I.R.B. 1014 (November 9, 2020) and the corresponding Social Security Administration News Release (October 13, 2020).
7 This number is only the catch-up available under Code section 414(v). Code sections 457(b)(3) and 402(g) provide separate catch-up rules, which must also be considered in appropriate cases.
8 This additional catch-up only became effective in 2025.
9 The requirement that catch-ups be made as Roth if Social Security wages were above a certain limit only became effective in 2026.
10 Beginning in 2013, there is also a 0.9 percent Additional Medicare Tax that applies to an individual’s wages, Railroad Retirement Tax Act compensation, and self-employment income that exceeds a threshold amount based on the individual’s filing status. The threshold amounts are $250,000 for married taxpayers who file jointly, $125,000 for married taxpayers who file separately, and $200,000 for all other taxpayers. An employer is responsible for withholding the Additional Medicare Tax from wages or compensation it pays to an employee in excess of $200,000 in a calendar year.