Cost of Living Adjustments Chart for Employee Benefit Plans
Summary
This chart shows for recent years the limits for contributions and benefits applicable to tax-qualified retirement plans, including 401(k), 403(b), and 457 plans; simplified employee pensions (SEPs), salary reduction SEPs (SARSEPs), and savings incentive match plans for employees (SIMPLE IRA and SIMPLE 401(k) plans), and individual retirement accounts and individual retirement annuities (IRAs) for tax years 2023 through 2026.