The IRS has announced new 401(k) catch-up contribution limits for 2026.

In its release on Thursday, the agency increased the 401(k) contribution limit to $24,500 for 2026, from $23,500 this year. Catch-up contributions for savers age 50 and older will also increase to $8,000, up from $7,500 in 2025.

The limits apply to 401(k)s, 403(b)s and most 457 plans, along with the federal Thrift Savings Plan.

The 401(k) catch-up contributions are even higher for savers age 60 to 63 , thanks to a change enacted via Secure 2.0 . The catch-up contribution for these investors will remain at $11,250 in 2026, allowing them to contribute up to $34,750 total.

The IRS also released new individual retirement account limits for 2026, among other updates.

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