The IRS has increased 401(k) contribution limits for 2026, allowing workers to save more tax-advantaged money for retirement. Here is everything you need to know.
2026 Contribution Limits
- Employee contribution: $23,500 (up from $23,000)
- Catch-up contribution (age 50+): $7,500
- New super catch-up (ages 60-63): $11,250
- Total employer + employee limit: $70,000
New Super Catch-Up Provision
Thanks to SECURE 2.0 Act changes taking effect in 2026, workers aged 60-63 can contribute an additional $11,250 on top of the standard limit — a total of $34,750 in employee contributions.
Maximizing Your Savings
If your employer matches up to 6%, always contribute at least that amount to capture free money. After maxing the match, consider Roth 401(k) contributions if you expect to be in a higher tax bracket in retirement. Automate contribution increases of 1% annually to painlessly reach the maximum.
