The IRS announced 2026 dollar limits on benefits and contributions for qualified retirement plans.
Listed below are the most common limits.Defined Contribution Plans
- The contribution limit for elective deferrals has increased from $23,500 to $24,500
- The total contribution limit for employer and employee contributions has increased from $70,000 to $72,000
- The annual compensation limit increases to $360,000 from $350,000
- The age 50 catch-up limit has increased from $7,500 to $8,000
- The new SECURE 2.0 catch-up for individuals age 60 – 63 remains at $11,250
- The limit for defining ‘highly compensated employee’ for top heavy determination remains at $160,000
Defined Benefit Plans
- The limitation on the annual benefit has increased to $290,000 from $280,000.
For additional information, download our 2026 Maximum Benefits and Contribution Limits reference material.
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