Happy New Year! There have been a few changes to retirement contribution limits for 2026.
401(k) Contribution Limits for 2026
For 2026, the 401(k) contribution limit has increased to $24,500, up from $23,000 in 2025. This increase allows employees to boost their tax-advantaged retirement savings and accelerate long-term wealth building.
IRA Contribution Limits for 2026
The IRS has also raised IRA contribution limits by $500, along with increases to annual deferral limits and catch-up contributions across several retirement plans. These changes are designed to help individuals—especially those closer to retirement—save more efficiently.
Need Help Planning for Retirement in 2026?
If you have questions about retirement planning, 401(k) or IRA or retirement contributions, or setting financial goals for 2026 and beyond, we’d love to help. Let’s make sure your plan keeps pace with your life.
Want More?
Sign up for our newsletters and magazines here.
Contact
Visit ballastplan.com, call 859.226.0625, or e-mail info@ballastplan.com.
About Ballast
Ballast, an employee-owned financial planning and investment management firm based in Lexington, KY, specializes in providing tailored services to high-income earners, high-net-worth clients, and individuals/businesses with complex financial situations. Our team of fiduciaries proactively anticipates and solves your needs by taking the time to understand your goals, passions, and what truly matters to you and your legacy. Ballast is built for financial security by financial experts. You work hard every day. Let us take on some of the work for you.
Disclosure
Ballast, Inc. is a registered investment adviser with the SEC. Registration with the SEC does not indicate that the adviser has achieved a particular level of skill or ability, nor is it an endorsement by the SEC. All investment strategies have the potential for profit and loss. Ballast, Inc. is not engaged in the practice of law or accounting. Always consult an attorney or tax professional regarding your specific legal or tax situation. Any specific strategy or market/economic commentary may or may not be appropriate for your individual situation, may not have discussed all material implications of implementing said strategy, and may be reliant on data provided by outside resources. Before implementing any strategy or investment decision discussed in a Ballast commentary, please consult with the appropriate professionals to confirm the thoroughness of the strategy presented and its appropriateness for your individual situation.