The end of the year is the ideal time to update your retirement and other savings account contribution elections so that you’re prepared for the new year ahead. Having changes in place in January helps to ensure that you capture the full benefits available to you.
Here are the new 2026 contribution thresholds for various types of retirement, medical and dependent care accounts.
RETIREMENT PLAN CONTRIBUTION LIMITS
For 2026, traditional and catch-up contributions are shown below. However, please note that higher catch-up contributions limits are now available for individuals turning 60, 61, 62, or 63 in 2026. These are outlined further below.
| Plan Type | 2026 Regular Contribution | 2026 Catch-Up Contribution* |
|---|---|---|
| 401(k) | $24,500 | $8,000 |
| 403(b) | $24,500 | $8,000 |
| 457(b) TSP | $24,500 | $8,000 |
| Simple | $17,000 | $4,000 |
| Traditional IRA | $7,500 | $1,100 |
| Roth IRA | $7,500 | $1,100 |
For employer plans, check with your plan administrator, as not all employer-sponsored retirement plans allow for catch-up contributions.
Additionally, 403(b) and 457(b) plans have additional catch-up rules that may apply. Consult your plan coordinator.
* IMPORTANT UPDATES ABOUT CATCH-UP CONTRIBUTIONS:
1. Roth Contribution Requirements:
Starting in 2026, catch-up contributions for those earning more than $150,000 must be made to a Roth portion of the retirement plan. The income threshold is based upon your prior year (2025) earnings that were subject to FICA taxes. Check with your employer about these changes.
2. Higher Contribution Limits for Those Turning Ages 60 to 63:
Those turning age 60, 61, 62, or 63 in 2026 are now allowed to make higher catch-up contributions. The contributions for those turning 60 to 63 years old in 2026 are as follows:
| Plan Type | 2026 Regular Contribution | 2026 Ages 60-63 Catch-Up Contribution |
|---|---|---|
| 401(k) | $24,500 | $11,250 |
| 403(b) | $24,500 | $11,250 |
| 457(b) TSP | $24,500 | $11,250 |
| Simple | $17,000 | $5,250 |
| Traditional IRA | $7,500 | $1,100 |
| Roth IRA | $7,500 | $1,100 |
HEALTH CARE SAVINGS ACCOUNTS
Higher savings limits are available for Health Savings Accounts and Health Care Flexible Spending Accounts (FSA). The new maximum contribution amounts for 2026 are as follows:
- Health Savings Accounts (HSA)
| Individual | Family | Catch-Up 55+ |
|---|---|---|
| $4,400 | $8,750 | $1,000 |
- Health Care Flexible Savings Accounts (FSA)
| Per Person |
|---|
| $3,400 |
DEPENDENT CARE SAVINGS
Families can also make higher contributions to Dependent Care Flexible Savings Accounts (FSA) in 2026.
- Dependent Care FSA
| Single or Married | Married Filing Separately |
|---|---|
| $7,500 | $3,750 |
SageVest is committed to helping you capture your wealth potential via savings and smart financial decisions. Please contact us with any questions regarding your savings elections or other financial matters.
