Table 2026 elective-deferral limits against the member's age and plan
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Place the plan type and the person's age next to the 2026 dollar limit the IRS stated for that type. Do not calculate a tax on any excess.
- What the lawyer must review
- The IRS newsroom of 2026 states these limits. The employee deferral for a 401(k), 403(b), governmental 457 plan and the Thrift Savings Plan is $24,500, up from $23,500 for 2025. The catch-up for a person aged 50 and over in most of those plans is $8,000, and the page says those participants generally can contribute up to $32,500. For ages 60, 61, 62 and 63 the higher catch-up remains $11,250 instead of $8,000. The page does not state a combined total for that higher catch-up, so do not add one. The IRA limit is $7,500, up from $7,000, and the IRA catch-up for age 50 and over is $1,100. A SIMPLE account is generally $17,000. Certain applicable SIMPLE accounts are $18,100. The usual SIMPLE catch-up is $4,000. A different SIMPLE catch-up remains $3,850, and the higher catch-up for ages 60 to 63 in a SIMPLE plan remains $5,250. These are not Australian contribution caps. You decide which limit applies. Do not compute an excess-contribution tax. None is stated on this page.
- Written for / version
- United States versionUSCth
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes assembling provisional schedules. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.