November 14, 2025
401(k) Limit Increases to $24,500 for 2026, IRA Limit Increases to $7,500
IRS raises 2026 retirement limits: 401(k) to $24,500 and IRA to $7,500, plus updated catch-up rules and income phase-outs. Learn what this means for your tax planning with DeLaney & Co. CPA.
Article by DeLaney & Co. CPA
Certified Public Accountants, Lancaster, Ohio
As we approach the 2026 tax year, the IRS has announced a new round of cost-of-living adjustments that impact retirement savers across the country. These updates — released in Notice 2025-67 — reflect inflationary changes and are designed to help individuals maximize contributions to retirement accounts such as 401(k)s, IRAs, SIMPLE plans, and more.
For employees, employers, and retirees, these adjustments determine how much can be saved tax-deferred, who qualifies for deductions, and how income phase-outs will apply. The IRS announcement covers new contribution limits, catch-up thresholds, and expanded eligibility ranges for retirement-related tax benefits.
Read the IRS announcement
401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
Need help planning for 2026?
DeLaney & Co. CPA can help you understand how these new limits impact your tax strategy and retirement planning. Contact us to review your 2026 contributions and deductions.
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