In the world of IRA and 401(k) savings, maximum contributions have increased!
Here are the “data points” to get 2026 started on a positive note:
- Maximum IRA contribution in 2026 for both Traditional and Roth IRAs has increased to $7,500 (from $7,000).
For those age 50 and over, the “catch-up” increased to $1,100, for a total of $8,600 in 2026. - Maximum 401k/403b/TSP contributions in 2026 increased to $24,500 (up from $23,500).
For those age 50 and over, the catch-up increased to $8,000, for a total of $32,500 in 2026.
AND — the “super catch-up” for those ages 60-63 is $11,250 (same as 2025) for a total of $35,750.
- Most 401k/403b & TSP contributions can be made on either a pre-tax or Roth 401k basis with no income limits for the Roth 401k — the difference between pre-tax 401k and Roth 401k can matter big-time today — affecting required minimum distributions (RMDs) when they kick in later!
Discuss these new maximums with your tax adviser and financial adviser — with special attention paid to Roth IRA and Roth 401k when available.
Consult with a tax professional on ALL tax matters and tax planning. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied upon for, tax, legal or accounting advice.