| 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.
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