401(k) Contribution Limits (2026)
• Employee deferral limit: $24,500
• Catch-up (age 50+): $8,000
• Special catch-up (age 60–63): up to $11,250 (if plan allows)
• Total 401(k) contribution limit (employee + employer):
– Under age 50: ~$72,000
– Age 50–59 or 64+: ~$80,000 (includes standard catch-up)
– Age 60–63: ~$83,250 (includes special catch-up)
NEW in 2026: Roth-only Catch-up Contributions
• Applies to age 50+ with prior-year wages over $145,000 (indexed)
• Catch-up contributions must be Roth (after-tax)
• If the plan does not allow Roth, catch-up contributions may not be permitted
IRA Contribution Limits (2026)
• Annual contribution limit: $7,500
• Catch-up (age 50+): $1,100 (total $8,600)
Traditional IRA Deductibility (if covered by a workplace plan)
• Single / Head of Household: phase-out ~$81,000–$91,000
• Married Filing Jointly (covered spouse): ~$129,000–$149,000
• Married Filing Separately:
– Lived with spouse at any time during the year: phase-out $0–$10,000
– Lived apart all year: same limits as Single
Roth IRA Contribution Eligibility
• Single / Head of Household: phased out at higher incomes (indexed for 2026)
• Married Filing Jointly: phased out at higher incomes (indexed for 2026)
• Married Filing Separately:
– Lived with spouse at any time during the year: phase-out $0–$10,000
– Lived apart all year: same limits as Single