2026 Contribution Limits
IRS Contribution limits typically go up each year, allowing you to save even more for retirement. As a business owner, you could save up to thousands on taxes. Take a look at this handy table to determine how much you can contribute to your own retirement, with and without applying a Cash Balance plan to your retirement program.
|
Age
|
401(k) with Profit Sharing 1
|
Cash Balance 2
|
Total
|
Tax Savings 3
|
|---|---|---|---|---|
|
70
|
$80,000
|
$234,000
|
$314,000
|
$89,005
|
|
65
|
$80,000
|
$349,000
|
$429,000
|
$120,005
|
|
60
|
$83,250
|
$325,000
|
$408,250
|
$114,875
|
|
55
|
$80,000
|
$253,000
|
$333,000
|
$94,135
|
|
50
|
$80,000
|
$197,000
|
$277,000
|
$79,015
|
|
45
|
$72,000
|
$154,000
|
$226,000
|
$64,205
|
|
40
|
$72,000
|
$120,000
|
$192,000
|
$55,025
|
|
35
|
$72,000
|
$39,000
|
$165,000
|
$47,735
|
1
401(k): $24,500 employee deferral with $8,000 catch-up if over age 50 ($11,250 super catch-up for ages 60–63); up to $80,000 with profit sharing.
2
Cash Balance contributions are based on many variables; specific results may vary.
3
Tax Savings: Assumes 40% personal tax rate & 27% corporate tax rate. Taxes vary by state. Taxes are deferred until withdrawal at retirement.