The IRS has issued 2026 retirement plan numbers. In 2026, individuals with IRAs can contribute up to $7,500 (up from $7,000 in 2025). The IRA catch-up contribution for those age 50 or over will increase to $1,100. For those with a 401(k) plan, the 2026 contribution limit will increase to $24,500, up from $23,500 in 2025. The same is true for 403(b) plans and 457 plans. The catch-up contribution limit for most employees 50 or over participating in these plans will be $8,000 for 2026 (up from $7,500 in 2025). In 2026, a catch-up limit of $11,250 will continue to apply for employees age 60 to 63 who participate in these plans.
