Today’s blog is a quick reminder of the savings limits for retirement accounts in 2026. Adjust your payroll deductions and savings plans accordingly.
- 401(k), 403(b), 457, and TSP plans:
- Annual contribution limit: $24,500 (up from $23,500 in 2025).
- Catch-up (age 50+): $8,000 (up from $7,500).
- Total possible (age 50+): $32,500.
- Special catch-up for ages 60–63: $11,250 (unchanged from 2025).
- Traditional and Roth IRAs:
- Annual contribution limit: $7,500 (up from $7,000).
- Catch-up (age 50+): $1,100 (up from $1,000).
- SIMPLE retirement plans:
- Annual contribution limit: $17,000 (up from $16,500).
- Special higher limit (for certain plans): $18,100 (up from $17,600).
- Catch-up (age 50+): $4,000 (up from $3,500).
- Higher catch-up for ages 60–63: $5,250 (unchanged).
- HSA maximums:
- Self-only coverage: $4,400 per year.
- Family coverage: $8,750 per year.
- Age 55+ catch-up: still an extra $1,000 (unchanged).
- High Deductible Health Plan plan requirements (to be HSA-eligible in 2026)
- Minimum deductible: $1,700 self-only, $3,400 family.
- Maximum out-of-pocket: $8,500 self-only, $17,000 family (not counting premiums).
Income Limits (Phase-Out Ranges)
Traditional IRA deductions (for those covered by workplace plans):
- Single: $81,000–$91,000 (was $79,000–$89,000).
- Married filing jointly (covered spouse): $129,000–$149,000 (was $126,000–$146,000).
- Married filing jointly (non-covered spouse): $242,000–$252,000 (was $236,000–$246,000).
- Married filing separately: $0–$10,000 (unchanged).
Roth IRA contribution limits:
- Single/head of household: $153,000–$168,000 (was $150,000–$165,000).
- Married filing jointly: $242,000–$252,000 (was $236,000–$246,000).
- Married filing separately: $0–$10,000 (unchanged).
Everything above comes from IRS Notice 2025‑67, which details official cost‑of‑living adjustments effective January 1, 2026.
You have plenty of time to adjust your deductions or savings plans to put away that extra $500, or $1,000. No excuses in December!
