IRS Announces 2026 Cost-of-Living Adjustments

November 17, 2025

By: Hailey S. Trippany

The IRS announced cost-of-living adjustments for various benefit plan limitations and thresholds that will take effect on Jan. 1, 2026. The limits for 2026 and 2025 and the applicable sections of the Internal Revenue Code are stated below. The limits that increased for 2026 are shown in red.

Limit or Threshold

2025

2026

Retirement Plan Contribution Limits

 

 

401(k) and 403(b) plan elective deferral limit [Code section 402(g)(1))]

$23,500

$24,500

Catch-up contribution limit (participants aged 50 or older) [Code section 414(v)(2)(B)(i)]

$7,500

$8,000

“Super” catch-up contribution limit (participants aged 60-63) [Code section 414(v)(2)(E)(i)]

$11,250

$11,250

Max. annual additions to defined contribution plan [Code section 415(c)]

$70,000

$72,000

Max. annual defined benefit plan accrual amount [Code section 415(b)]

$280,000

$290,000

Plan compensation limit [Code section 401(a)(17)]

$350,000

$360,000

457(b) plan annual contribution limit [Code section 457(e)(15)]

$23,500

$24,500

Pension-Linked Emergency Savings Account (PLESA) limit [Code section 402A(e)(3)(A)(i)]

$2,500

$2,600

 

 

 

Other Retirement Plan Limits and Thresholds

 

 

“Highly compensated employee” compensation threshold [Code section 414(q)(1)(B)]

$160,000

$160,000

“Key employee” compensation threshold [Code section 416(i)(1)(A)(i)]

$230,000

$235,000

Domestic abuse distribution limit [Code section 72(t)(2)(K)(ii)(I)]

$10,300

$10,500

Annual amount used to determine the lengthening of the 5 year ESOP distribution limit [Code section 409(o)(1)(C)(ii)]

$280,000

$290,000

Maximum ESOP account balance subject to the 5 year distribution limit [Code section 409(o)(1)(C)(ii)]

$1,415,000

$1,455,000

Prior year’s FICA (Form W-2 Box 3) wage threshold to determine whether a participant is subject to the mandatory Roth catch-up requirement in the current year [Code section 414(v)(7)(A)]

 

$150,000[1]

 

 

 

HSA, HDHP and FSA Limits

 

 

HSA annual contribution limit [Code section 223(b)(2)]

Self: $4,300

Family: $8,550

Self: $4,400

Family: $8,750

HSA catch up contribution (participants aged 55 or older) limit

$1,000

$1,000

HDHP minimum annual deductible [Code section 223(c)(2)(A)]

Self: $1,650

Family: $3,300

Self: $1,700

Family: $3,400

FSA annual carryover limit [Code section 125(i)]

$660

$680

Dependent care account annual contribution limit

$5,000

$7,500[2]

 
Employers should consider whether their plan documents must be amended to reflect the new limits and whether employees should be notified so that they can make or change their benefit elections. In addition, payroll and record keeping systems often must be updated to reflect the new limits.

If you have any questions about the inflation adjusted employee benefits limits for 2026, please contact any attorney in our employee benefits and executive compensation practice or any attorney at the firm with whom you are regularly in contact.

[1] The mandatory Roth catch-up requirement takes effect for the first time for impacted plans on Jan. 1, 2026. The threshold has been increased from the $145,000 base amount that appears in Code Section 414(v). For more on this requirement see: Plan Sponsors Must Address the Roth Catch Up Contribution Mandate by Jan. 1, 2026.

[2] The $7,500 annual limit on contributions to a dependent care spending account is not indexed for inflation; the limit is stated here only for information.