Contributions to a Savings Incentive Match Plan for Employees (SIMPLE) are typically made on a pretax basis. Most retirement plan contribution limits are adjusted annually for inflation. In 2026, employees may generally elect to contribute up to $17,000 to a SIMPLE, up from $16,500 in 2025. The catch-up contribution limit that generally applies for employees age 50 or over who participate in most SIMPLE plans is $4,000 for 2026, up from $3,500 in 2025. The catch-up contribution limit that generally applies for employees age 60 to 63 remains at $5,250, the same as in 2025. For more 2026 retirement plan contribution limits: https://bit.ly/4idhrKo
