2026 Annual Contribution Limits
The annual IRS contribution limits are increased periodically due to inflation, but they're not increased every year. The higher catch-up limits are optional for employers; talk to your employer to learn more about your plan limits. Also, keep in mind that, in some 457 plans and the Thrift Savings Plan (TSP), there are a few circumstances when you can contribute above the annual limits. In addition, the maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your income.
Note: Beginning on January 1, 2026, eligible employees in qualified retirement plans who choose to make catch-up contributions and earn above a set wage threshold must make those contributions in a Roth account. Your 2026 catch-up contributions must be designated as Roth contributions if you earned more than $150,000 in 2025.
| Product | Maximum Annual Contribution Limit |
|---|---|
| Traditional IRA & Roth IRA | $7,500, plus $1,100 catch-up if 50 or older (Limit is for the total contributions to all traditional or Roth IRAs.) |
| Traditional 401(k) & 403(b) | $24,500, plus $8,000 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| Roth 401(k) & 403(b) | $24,500, plus $8,000 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| 457 | $24,500 for most plans, plus $8,000 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 (plus potential for additional catch-up when approaching retirement) |
| Thrift Savings Plan | $24,500, plus $8,000 catch-up if 50 or older Higher catch-up of $11,250 for employees aged 60 – 63 |
| SEP IRA | 25% of your self-employment net earnings, up to a cap of $72,000 |
| SIMPLE IRA | Generally, $17,000, plus $4,000 catch-up if 50 or older |
