According to CNBC, citing the retirement account limits for 2027 released by the IRS, the employee elective deferral limit for 401(k) plans will increase from $24,500 in 2026 to $25,500. This adjustment also applies to 403(b) plans, most 457 plans, and the federal Thrift Savings Plan. The standard catch-up contribution limit for individuals aged 50 and older will rise to $8,500, while the special catch-up limit for those aged 60 to 63 will be $11,750; these two are alternatives rather than being cumulative. The basic contribution limit for IRAs remains at $7,500, and the IRA catch-up limit for individuals aged 50 and older stays at $1,100.