The IRS just dropped the new 401(k) contribution limits for 2026, and good news most of them are going up.

The employee deferral limit will rise to $24,500 in 2026 (up from $23,500 in 2025). This applies across the board to 401(k), Roth 401(k), 403(b), 457, and Thrift Savings Plans.

If you’re 50 or older, the catch-up contribution is also getting a boost. In 2026 you’ll be able to contribute an extra $8,000, up from $7,500 for 2025.

One thing not changing: the higher “special catch-up” created under SECURE Act 2.0 for people ages 60–63. That limit stays at $11,250 for 2026.

A quick reminder about your “future self”

These changes may feel small year to year, but this is where your present-day self gets to do a huge favor for your future self. A slightly higher contribution now, while life is busy and you may not feel the benefit immediately, is exactly the kind of move your retired future self looks back on and says, “thank you.”

Retirement isn’t built by big, dramatic moves. It’s built by consistent decisions like this and nudging up your savings whenever the IRS gives you a chance.

And if you’re already retired…

This can still be valuable info. As we head into the holidays and everyone gathers together, this is great guidance to pass along to working kids or grandkids. A little coaching early on can save them decades of stress later, and you get to be the wise financial sage of the family. Not a bad role to play.