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Layoff Calculator

Limits

401(k) Contribution Limits (2026)

Annual IRS limits on 401(k) contributions, including catch-up rules that become especially relevant during a layoff.

Current value (2026)

$24,500

401(k) catch-up contribution limit (age 50+): $8,000

401(k) enhanced catch-up contribution limit (ages 60-63, SECURE 2.0): $11,250

Primary source

Primary source

IRS IR-2025-111 / Notice 2025-67

Last verified April 30, 2026

Historical values

401(k) elective deferral limit (under age 50) — 5-year history
YearValue
2026$24,500
2025$23,500
2024$23,000

What this means if you were laid off

Layoff-specific context for this figure is under editorial review. Check back soon.

See how this affects your severance

The calculator applies current withholding rates, UI maximums, and contribution limits to your specific situation.

Calculate your severance

Last verified: 2026-04-30. Not legal, financial, or tax advice. Methodology.