Big retirement boost! IRS raises limits, and millions need to check their contributions today

IRS has raised major retirement limits for 2026. The 401(k), 403(b), and 457 employee deferral cap moves to $24,500. The 50-plus catch-up rises to $8,000. The super catch-up at ages 60 to 63 stays $11,250. The IRA limit increases to $7,500. The IRA catch-up rises to $1,100. The total defined-contribution cap reaches $72,000. Income phaseouts for Roth and traditional IRAs shift higher. Saver’s Credit ranges move up. All changes apply from January 1, 2026. Workers are urged to adjust contributions early.