The IRS raises 2026 retirement contribution limits, with 401(k) max at $24,500 and $32,500 total for those 50+.

The IRS has raised retirement contribution limits for 2026, increasing the 401(k), 403(b), most 457, and Thrift Savings Plan limit to $24,500 from $23,500. Workers aged 50 and older can contribute up to $8,000 in catch-up contributions, allowing a total of $32,500, with those aged 60 to 63 eligible for a higher $11,250 catch-up under SECURE 2.0. IRA limits rise to $7,500, with a $1,100 catch-up for those 50 and older. Income thresholds for IRA deductions, Roth IRA eligibility, and the Saver’s Credit have also been adjusted for inflation.