IRS Raises 2026 401(k) and IRA Contribution Limits: New $24,500 Cap, Higher Catch‑Ups and Roth Rules Explained
On Thursday, November 13, 2025, the IRS released Notice 2025‑67, confirming the official contribution limits for tax‑advantaged retirement accounts in 2026. The headline change: workers will be allowed to defer up to $24,500 into 401(k)s and similar workplace plans next year—$1,000 more than in 2025—while the IRA limit increases to $7,500. IRS+1 The announcement immediately drew coverage from major outlets including MarketWatch, the Wall Street Journal, CNBC, and the Detroit Free Press, all highlighting that older savers get even more room via expanded “catch‑up” contributions and that high earners will face new Roth rules starting in 2026. linkedin.com+3MarketWatch+3The Wall Street