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IRS raises 401(k), IRA limits for 2026

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People can place more into their 401(k) and IRA retirement accounts in 2026 after the Internal Revenue Service announced limit increases on Thursday.
Nov. 13 People can place more into their 401(k) and IRA retirement accounts in 2026 after the Internal Revenue Service announced limit increases on Thursday.
The new limits are $24,500 for 401(k) accounts, which is a $1,000 increase, and $7,500 for IRA accounts, which is a $500 change.
The change for 401(k) accounts also applies to 403(b) and most 457 retirement plans, plus the Thrift Savings Plans.
For those age 50 and above, the IRS also has changed the catch-up contribution limit for 401(k) plans to $8,000 next year, which is an increase of $500.

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