401(k) and IRAs: 2026 Contribution Limits
Here are the 2026 annual contribution limits established by the IRS:
401(k), 4013(b), and 457(b) plans
For 2026, the maximum employee contribution for a 401(k) plan is $24,500. If you are 50 years old or older, you can take advantage of a catch-up contribution, allowing you to add an extra $8,000 to your retirement savings. Additionally, if you are aged between 60 and 63 and your retirement plan permits it, you can make a catch-up contribution of up to $11,250 instead of the standard $8,000.
Traditional and Roth IRAs
The 2026 contribution limit for IRAs is $7,500. If you are 50 years old or older, you can make an additional contribution of $1,100, bringing your total annual contribution to $8,600.
Roth IRA Income Limits for 2026
Single filers
If you’re a single filer with a modified adjusted gross income (MAGI) exceeding $168,000 in 2026, you’re not eligible to contribute to a Roth IRA. Moreover, if your MAGI is more than $153,000 but less than $168,000, you can only contribute a reduced amount. Those who earn $153,000 or less in 2026, meanwhile, can do so for the full amount.
Married filing jointly
For those filing jointly, the maximum MAGI limit is $252,000. Therefore, if you exceed this limit, you’re not eligible to contribute to a Roth IRA. If your joint MAGI is more than $242,000 but less than $252,000, your maximum allowed annual contribution is reduced. Finally, couples earning less than $242,000 can contribute the full amount.
SIMPLE 401(k)s
The 2026 contribution limit for SIMPLE 401(k)s is $17,000. If you're 50 and older, you can make an extra $4,000 in catch-up contributions.
Health Savings Accounts (HSAs)
The 2026 HSA contribution limits are $4,400 for individuals and $8,750 for families. If you're 55 and older and not enrolled in Medicare, you can make an extra $1,000 in catch-up contributions.
