Peter Cade | Getty Images<\/p>\n
The IRS has announced new 401(k)<\/a> catch-up contribution limits for 2026.<\/p>\n In its release<\/a> on Thursday, the agency increased the 401(k) contribution limit<\/a> 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.<\/p>\n The limits apply to 401(k)s, 403(b)s and most 457 plans, along with the federal Thrift Savings Plan.\u00a0<\/p>\n The 401(k) catch-up contributions are even higher for savers age 60 to 63<\/a>, thanks to a change enacted via the Secure 2.0<\/a> retirement law. The catch-up contribution for these investors will remain at $11,250 in 2026, allowing them to contribute up to $34,750 in total.<\/p>\n The IRS also released new individual retirement account limits<\/a> for 2026, among other updates.<\/p>\n Read more CNBC personal finance coverageIRS announces 2026 401(k) contribution limits, raises savings cap<\/a>IRS unveils 2026 IRA contribution limits, raises savings cap<\/a>IRS announces 401(k) catch-up contributions for 2026, raises cap<\/a>IRS unveils Roth IRA income limits for 2026<\/a>What the Visa, MasterCard settlement means for your rewards credit card<\/a>Where SNAP benefits stand amid negotiations to end the government shutdown<\/a>Why the AI stock boom mainly benefits the wealthy<\/a>Boomers are less bullish on ETFs than younger generations \u2014 with good reason<\/a>Trump floats $2,000 tariff rebate checks: Here’s what you need to know<\/a>This is the ‘biggest mistake’ you can make with your IRA, attorney says<\/a>Consumers on edge as ACA ‘subsidy cliff’ looms: ‘Quite frankly, it’s terrifying’<\/a>How to have tricky money talks as a couple: ‘Money Together’ authors<\/a>Amid FAA order flight cancellations, how credit card travel insurance works<\/a>These annuities act like ‘bumpers in a bowling lane’ to limit losses: advisor<\/a>As student loan forgiveness notices go out, here are next steps for borrowers<\/a>Federal workers at risk of missing more pay as government shutdown continues<\/a>CNBC’s Financial Advisor 100: Best financial advisors, top firms for 2025 ranked<\/a><\/p>\n However, most employees aren’t maxing out<\/a> their 401(k) or regular catch-up contributions, according to Vanguard’s 2025 How America Saves report, which is based on more than 1,400 plans and nearly 5 million participants.<\/p>\n In 2024, nearly all Vanguard plans offered catch-up contributions, but only 16% of eligible workers<\/a> made these deferrals, the report found.<\/p>\n The IRS announcement comes hours after President Donald Trump signed into law<\/a> a funding bill to end the longest federal government shutdown in U.S. history. It also comes roughly a month after the agency released dozens of inflation adjustments for 2026, including federal income tax brackets<\/a>, higher capital gains brackets<\/a> and provisions affecting families<\/a>, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"Peter Cade | Getty Images The IRS has announced new 401(k) catch-up contribution limits for 2026. In its…\n","protected":false},"author":2,"featured_media":282077,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[54806,879,4497,4615,45,161,49,48,4950,133,2518,11127,86418,43582,131,11125,132,7712,11126,8909],"class_list":["post-282076","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-401k-plans","tag-breaking-news","tag-breaking-news-investing","tag-breaking-news-politics","tag-business","tag-business-news","tag-ca","tag-canada","tag-estate-planning","tag-finance","tag-financial-planning","tag-government-taxation-and-revenue","tag-internal-revenue-service","tag-national-taxes","tag-personal-finance","tag-personal-saving","tag-personalfinance","tag-retirement-planning","tag-tax-planning","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/282076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=282076"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/282076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/282077"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=282076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=282076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=282076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}