2026 Retirement Plan Updates from IRS

Capstone Investment Financial Group

The Internal Revenue Service announced increases to retirement plan contributions for 2026.  Some increases were not as big as previous years, however there was an increase for IRA and Roth IRA which we didn’t get last year.  Also, for those over 50 years old, the catch-up contribution increased from $1,000 to $1,100.

Below are the increases per the IRS for 2026:

• Depending on Defined Contribution (401k), higher limits maybe allowed
• Some of the above have income requirements to meet limits above

The IRS allows a “catch up” contributions for IRA’s of an additional $1,100 to those 50 and over, $3,500 age 60 to 63 can save $11,250 for catch-up contributions based on changes enacted via Secure 2.0.

IRA’s have income limits for who can contribute and those income phase-out ranges have also been increased. 

As always, would love to talk with you about how to implement these changes into your financial plan to provide a clear path to your financial goals.           

**This is not deemed to be Tax or Legal Advice**

Source:

• IRS announces Roth IRA income limits for 2026
• WASHINGTON The Internal Revenue Service today announced cost of living adjustments applicable to dollar limitations for pen