From the daily brief
IRS 2027 retirement limits not out yet; last year's came Nov. 13, and the 2026 401(k) cap is $24,500
A dated watch item. Nothing to change until the IRS posts the numbers.
- What happened
The IRS has not yet released its 2027 retirement plan limits; its latest newsroom posting is dated Nov. 4. For 2026 it published the limits on Nov. 13, 2025, setting the 401(k) deferral cap at $24,500 and the SIMPLE IRA cap at $17,000, per Notice 2025-67.
- What it means for a 10-to-50-person business
Payroll providers set each employee's deferral cap from these numbers. Say a 20-person landscaping firm runs a SIMPLE IRA: staff can defer up to $17,000 in 2026, and the 2027 figure will set what they can defer from January. The IRS has not said when the 2027 numbers will post, so the mid-November timing is a pattern, not a promise. The effect is small: it changes a payroll setting once a year.
- What to do
- Wait
Wait for the IRS notice, then ask your payroll or plan provider to confirm the 2027 caps are loaded before the first January payroll.
- What it costs
What it costs - Checking the new caps in payroll
- 0.5 hrs
- Telling staff the new limit
- 0.5 hrs
- Doing nothing
- Staff may hit the old cap early if payroll is not updated, and miss higher savings room
- Sources
- irs.gov (primary)
Three to five of these, every weekday morning.
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