A Helpful List of Updated IRS Contribution Limits for 2026

by - Mark Ward,

artist - Daisy Lopez

Notice 2025-67 from the IRS was just recently released to the public with the updated limits affecting 2026 Amounts Relating to Retirement Plans and IRAs, as Adjusted for Changes in Cost-of-Living.  What follows is a truncated list that we hope you will find helpful for those of you that are participating in any related plans:

Retirement plans:

· 401(k)/403(b)/most 457 plans/TSP employee deferral: $24,500 ($1000 increase)

· Catch-up contributions for the above (for those 50+) rises $500 to $8,000 (ages 60-63 can contribute an extra “super” catch-up of $3,250 for a total catch-up of $11,250)

· Employee + Employer combined limit to defined contribution plans: $72,000 ($2k increase)

· Simple IRA deferral: $17,000 ($500 increase)

· Catch-up contributions for the above (for those 50+) rises $500 to $4,000 (ages 60-63 can contribute an extra “super” catch-up of $1,250 for a total catch-up of $5,250)

· IRA contributions: $7,500 ($500 increase)

· Catch-up contributions for IRAs (for those 50+): $1,100 ($100 increase)

· Roth IRA income (MAGI) phaseout range for single and head of household: $153k-$168k

· Roth IRA income (MAGI) phaseout range for married filing joint: $242k-$252k

Health Savings Accounts:

· HSA contributions: $4,400 for self-only coverage ($8,750 for family coverage). 55 and older can contribute an additional $1,000 catch-up contribution.

If you are participating in any of the above plans, December is a great time to contact your HR Departments to update your plans.

Thank you all for your continued trust and confidence,

Mark A. Ward

V.P., Operations & Chairman IPC