The IRS has released its official cost-of-living adjustments for the 2026 tax year—and the news is good for retirement savers. In Notice 2025-67, the agency outlined increased contribution limits for 401(k)s, IRAs, SIMPLE plans, and various catch-up provisions, giving Americans more room to build long-term financial security.
For 2026, employees can now contribute up to $24,500 to their 401(k), 403(b), governmental 457, or Thrift Savings Plan accounts—an increase from $23,500 in 2025. IRA contribution limits are also rising, along with expanded income phase-out ranges for both traditional and Roth IRAs. Catch-up contributions for individuals aged 50 and older, as well as the enhanced SECURE 2.0 catch-up options for ages 60–63, are increasing as well.
These adjustments reflect rising costs of living and are designed to help workers keep pace with inflation while maximizing their retirement savings opportunities.
The full PDF below breaks down all 2026 retirement-related updates—including contribution limits, phase-out thresholds, Saver’s Credit changes, and SIMPLE plan adjustments—so you can better plan for the year ahead.
If you need the insight of a financial advisor, consider working with a Hazard & Siegel Independent Financial Professional. An Independent advisor will make the best decisions for you because they are not affiliated with an investment company, mutual fund, or specific investment product. Hazard & Siegel Independent Financial Professionals are part of a network of registered investment advisors, insurance professionals, and investment brokers. Our independent financial professionals are available to advise you on planning for your future including paying for college, wealth management, retirement planning, paying for long-term care, estate planning, insurance needs, and wealth transfer.
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