Maximum Benefits and Contribution Limits
Annual Limits |
2026 |
2025 |
2024 |
| Employee Elective Deferrals for 401(k), 403(b) and 457(b) Plans | $24,500 | $23,500 | $23,000 |
| Employee Elective Deferral Catch-Up (Age 50 or older) | $8,000 | $7,500 | $7,500 |
| Special Catch-Up for employees aged 60-63 | $11,250 | $11,250 | N/A |
| Maximum Annual Compensation | $360,000 | $350,000 | 345,000 |
| Mandatory Roth Catch Up Prior Year Compensation | $150,000 | N/A | N/A |
| Highly Compensated Threshold |
$160,000 | $160,000 | $155,000 |
| Defined Benefit Annual Limit | $290,000 | $280,000 | $275,000 |
| SIMPLE IRA Contribution Limit** | $17,00 | $16,500 | $16,000 |
| SIMPLE IRA Catch Up Contribution** | $4,000 | $3,500 | $3,500 |
| IRA Contribution Limit | $7,500 | $7,000 | $7,000 |
| IRA Catch Up Contribution | $1,100 | $1,000 | $1,000 |
| Social Security Taxable Wage Base | $184,500 | $176,100 | $168,600 |
**SIMPLE IRA deferral limits are increased to $18,100; $22,500 (age 50 or older) if the employer: (a) has 25 or fewer employees receiving $5,000 of compensation, or (b) has more than 25, but less than 100 employees and makes either a 4% match or a 3% nonelective contribution.
Securities offered through Cambridge Investment Research, Inc., a Broker/ Dealer, Member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.
Cambridge Investment Research, Inc. 613 Baltimore Drive, Wilkes Barre PA 18702
Phone: (570) 831-9905
For professional consultation, contact Marianne Lyons
