What are the 2025 Annual Limits for Retirement Plan Contributions?

Retirement Plan Limits 2026

The limitation on the annual benefit under a defined benefit plan under section 415(b)(1)(A) of the Code is increased from $265,000 to $275,000.

If you are under 50 years of age:

The IRS limit for Elective Deferral or Salary Deferral Contributions is $24,500 or 100% of the participant's taxable compensation*, whichever is less.

The Annual Maximum Employer Contribution IRS limit is $72,000 and may include up to $24,500 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

Those aged 50 years of age and older:

You can contribute a Catch-up Contribution of $8,000 above the IRS Salary Deferral limit bringing the limit to $32,500 or 100% of the participant's taxable compensation*, whichever is less.                  

The Annual Maximum Employer Contribution limit is $80,000 and may include up to $32,500 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

For participants aged 60-63:

You can contribution a Catch-up contribution of $11,250 above the IRS Salary Deferral limit, bringing the limit to $34,750 or 100% of the participant's taxable compensation*, whichever is less. 

The Annual Maximum Employer Contribution limit is $83,250 and may include up to $35,750 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

*Taxable compensation excludes parsonage allowance.