We’re almost in 2026, and it’s a good time to think about saving more money towards retirement. And with the IRS adjusting contribution limits, you can save more even if you were already maxing out your retirement plan. Here are the details:
| Contribution Type | 2025 Limits | 2026 Limits |
| 401(k), 403(b), 457(b) plan contributions | $23,500 | $24,500 |
| Catch-up (for those 50 and older) | + $7,500 ($31,000) | + $8,000 ($32,500) |
| Super Catch-up (for those ages 60-63) | + $11,250 ($34,750) | + $11,250 ($35,750) |
| Maximum Contribution Allowed (employer and employee contributions combined) | $70,000 | $72,000 |
Now that you know the changes, make sure that you adjust your contribution percentage accordingly. If you were already maxing out your retirement and still want to max it out in 2026, you will have to change your contribution percentage to align with the new limits. If your plan doesn’t have a true-up provision, make sure that you spread out your contributions throughout the entire year, so you don’t miss out on any potential employer match.
If you’re not maxing out your 401(k), consider turning on the auto-increase function. You can automatically increase your contributions by 1% each year until you reach a savings goal. For most people, this is a negligible change that won’t even be noticed, especially if you get cost-of-living adjustments each year.
To make sure you are on track, reach out to the Francis team for help. We can help you determine if you are saving enough to meet your goals. Remember, our sole focus is to provide confidential financial wellness services as a workplace benefit. Our advisors are committed to coaching you through your financial journey without judgment or jargon, all within the safety of a completely sales-free and confidential environment. So, reach out today!
Did You Know?
Your employer sponsors this financial wellness benefit from Francis. The benefit connects you with down-to-earth financial planners who educate and advise on any money matters…without the sales pitch. We are exclusively engaged by employers like yours and have no investment products to sell, so you can feel confident that you will always receive objective advice.
Your financial planner will help you set priorities and achieve your money goals, without judgment or financial jargon. Know that all discussions are kept strictly confidential. This service is offered as an employee benefit with no per-session co-pays, so you can meet with a financial planner as often as you wish. Services are paid by your retirement plan or your employer.
Connecting with a financial planner is easy! Here’s how:
- Visit FrancisWay.com > Services > Participant Portal
- Call (866) 232-6457
Download the free mobile app (Search for Francis LLC)
