2026 401(k) limits rise—here’s how much more you’ll need to save
New 401(k) contribution limits for 2026 will make saving for retirement more demanding. Workers will face higher thresholds, with maximum allowances varying by age group. The changes also introduce a new catch-up option for those nearing retirement age.
In 2026, employees under 50 can contribute up to $24,500 to their 401(k) plans. Those aged 50 to 59 and 64 or older will have a limit of $32,500, while workers between 60 and 63 can save as much as $35,750. This higher cap for the 60-63 group includes a base limit of $24,500 plus an extra $11,250 in retirement calculator contributions.
The increased limits mean workers must dedicate larger portions of their paychecks to reach the maximum. Employees aged 60 to 63 now have the option to save more through the enhanced retirement calculator contribution. These adjustments will affect retirement planning for many in the coming year.
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