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The IRS has unveiled the individual retirement account contribution limits for 2026.

In its release Thursday, the agency increased the 2026 IRA contribution limit to $7,500, up from $7,000 in 2025. The IRS also boosted the IRA catch-up contributions for investors age 50 and older to $1,100, up from $1,000 in 2025.  

The annual individual limit applies to contributions to traditional and Roth IRAs.

The IRS also unveiled new 401(k) contribution limits, 401(k) catch-up limits for savers age 50 and older, and bigger income thresholds for Roth IRA contributions, among other changes.

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Some investors can deduct pretax IRA contributions, depending on their income and whether they or a spouse have access to a workplace retirement plan. The IRS announcement also increased the phase-out ranges for IRA deductibility in 2026.    

The IRS announcement comes hours after President Donald Trump signed into law 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, higher capital gains brackets and provisions impacting families, among others.