457(b) Deferred Compensation Plan: 2026 Contribution Limits, Catch-Up Rules, and What the IRS Notice Actually Says
Quick Answer If you work for a state or local government, or a tax-exempt organization, your 457(b) deferred compensation plan just got a raise. The IRS released Notice 2025-67 in November 2025, and the numbers for 2026 are now locked in. That notice sets the base elective deferral limit at $24,500 for 457(b) plans ….