| 2025 | 2026 | |
| Maximum elective deferral | $23,500 | $24,500 |
| Catch-up contribution, ages 50 - 59 OR 64 or older | $7,500 | $8,000 |
| Enhanced catch-up contribution, ages 60-63 | $11,250 | $11,250 |
| Maximum annual limit* | $70,000 | $72,000 |
You can fund your Individual 401(k) as both the employer and the employee.
- Employer Contribution Limit: Elective annual profit-sharing contributions of up to 25% of your compensation or 20% of your net self-employment income.
AND
- Employee Contribution Limit: Elective salary deferral plus "catch-up" contributions.
If you are 50 or over and your wage income exceeds $150,000 (adjusted annually) in the prior year, then any catch-up contribution must be a Roth contribution.
*Includes Employer Profit Sharing and Employee elective salary deferral contributions. Does not include catch-up.
