IRS Announces 2026 Retirement Contribution Limits for 403(b) and 457(b) Plans
The Internal Revenue Service (IRS) has released the 2026 contribution limits for certain retirement savings plans, including 403(b) and 457(b) plans. This is important news for anyone looking to maximize their retirement savings and take advantage of the higher limits.
| 2026 Limits | 2025 Limits | |
| Standard elective deferrals for 403(b) and 457(b) plans | $24,500 | $23,500 |
| Catch-up contributions (age 50 or older) | $8,000 | $7,500 |
| Catch-up contributions (age 60-63 in 2025) | $11,250 | $11,250 |
| Annual additional dollar maximum to employer-paid 403(b) and 457(b) plans | $72,000 | $70,000 |
As these new limits take effect, it’s a good time to review your retirement savings strategy and adjust if needed. If you have questions, contact FFGA Retirement Services at 800-523-8422, option #2 or [email protected].