On November 13, 2025, the IRS released its cost-of-living adjustments to limitations applicable to tax-qualified retirement plans for 2026.~~Many of the key 2026 limitations, including the elective deferral and catch-up contribution limits for employees who participate in 401(k), 403(b) and 457 retirement plans, have increased from current levels.  The key limitations for 2026 will increase as follows:~~The following Gibson Dunn lawyers prepared this update: Michael Collins, Krista Hanvey, and Akiva Reich.~~Gibson Dunn’s lawyers are available to assist with any questions you may have regarding these issues. To learn more, please contact the Gibson Dunn lawyer with whom you usually work, the authors, or any leader or member of the firm’s Executive Compensation and Employee Benefits practice group:~~Michael J. Collins – Washington, D.C. (+1 202-887-3551, mcollins@gibsondunn.com) Sean C. Feller – Los Angeles (+1 310.551.8746, sfeller@gibsondunn.com) Gina Hancock – Dallas (+1 214.698.3357, ghancock@gibsondunn.com) Krista Hanvey – Dallas (+1 214.698.3425, khanvey@gibsondunn.com) Kate Napalkova – New York (+1 212.351.4048, enapalkova@gibsondunn.com)~~© 2025 Gibson, Dunn & Crutcher LLP.  All rights reserved.  For contact and other information, please visit us at www.gibsondunn.com.~~Attorney Advertising: These materials were prepared for general informational purposes only based on information available at the time of publication and are not intended as, do not constitute, and should not be relied upon as, legal advice or a legal opinion on any specific facts or circumstances. Gibson Dunn (and its affiliates, attorneys, and employees) shall not have any liability in connection with any use of these materials.  The sharing of these materials does not establish an attorney-client relationship with the recipient and should not be relied upon as an alternative for advice from qualified counsel.  Please note that facts and circumstances may vary, and prior results do not guarantee a similar outcome.~~Download PDF~~