The IRS has released the updated retirement plan limits for 2026. Several important contribution amounts will rise in the next year.
The annual IRA contribution limit will increase to $7,500. For individuals age 50 and older, the IRA catch-up contribution will increase to $1,100.
Employees who participate in 401(k), 403(b), governmental 457 plans, or the Thrift Savings Plan will see their annual contribution limit rise to $24,500. The standard catch-up limit for these plans, available to participants age 50 and older, will increase to $8,000.
For 2026, the enhanced catch-up contribution for employees ages 60 through 63 who participate in 401(k), 403(b), and similar employer-sponsored retirement plans will remain at $11,250. This special limit replaces the standard $8,000 catch-up amount for individuals within that four-year age band.
More information is available in IRS Notice 2025-67. If you need assistance understanding how these changes may affect your retirement planning, the DBC team is here to walk you through your options.