2026 IRS Contribution Limits

Contribution Limits Overview

Account Type	2026 Individual Contribution Limits	2026 Catch-up Contribution Limits
Roth IRA	$7,500 (up from $7,000 in 2025)	$1,100 (for ages 50+)
Traditional IRA	$7,500 (up from $7,000 in 2025)	$1,100 (for ages 50+)
SIMPLE IRA	$17,000 (up from $16,500 in 2025)	$4,000 (for ages 50+) $5,250 for ages 60-53
Solo 401(k)	$24,500 (up from $23,500 in 2025)	$8,000 (for ages 50+) $11,250 (for ages 60-63)
Health Savings Account	$4,400 (self-only coverage) (up from $4,300 in 2025) $8,750 (family coverage) (up from $8,550 in 2025)	$1,000 (for ages 55+)

Solo 401(k) Accounts

For Solo 401(k)s, the IRS has increased the contribution limits from $23,500 (2025) to $24,500 in 2026. Why the increase? These plans were designed to help the average worker save more for retirement. Each year, in an effort to account for inflation and rising cost of living, the IRS adjusts contributions for retirement plans.

IRA Contributions

The limit on annual contributions to an IRA (Traditional or Roth) increases to $7,500 from $7,000. Those age 50+ may contribute an additional $1,100 catch-up, meaning up to $8,600 total for 2026.

Catch-Up Contributions

Catch-up contributions allow individuals age 50+ to save more as they approach retirement—and in 2026, several of these limits have increased.

Traditional & Roth IRAs

Standard catch-up (age 50+): $1,100 (up from $1,000 in 2025)

SIMPLE IRA

Employee contribution limit: $17,000 (up from $16,500 in 2025)
Standard catch-up (age 50+): $4,000
“Super catch-up” (ages 60–63): $5,250

Solo 401(k)

Standard catch-up (age 50+): $8,000
“Super catch-up” (ages 60–63): $11,250

Health Savings Accounts (HSAs)

For 2026, HSA contribution limits also rise:

$4,400 for individuals with self-only coverage
$8,750 for family coverage
Catch-up for age 55+: $1,000

A Note on IRA Phase-Out Ranges

While the 2026 IRA contribution limit is increasing, income-based phase-out rules still apply. These thresholds determine whether your Traditional IRA contribution is tax-deductible and whether you’re eligible to contribute to a Roth IRA at all. Higher earners may see their deductible amount reduced—or phased out entirely—depending on their modified adjusted gross income and tax-filing status. If you’re unsure where you fall within these ranges, it’s best to consult a tax professional to confirm how much you may contribute and whether those contributions are deductible.

Final Thoughts

The 2026 adjustments provide a meaningful opportunity for savers to increase contributions, take advantage of expanded catch-up limits, and build additional tax-advantaged retirement security. Whether you’re maximizing a 401(k), contributing to an IRA, or funding an HSA, these adjustments could potentially give you more flexibility to strengthen your long-term financial plan. Consider reviewing your strategy with a financial or tax professional to make the most of these updated limits.

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Disclaimer: The information provided herein is for educational purposes only and is not intended as tax, legal, or investment advice. Investors are solely responsible for conducting their own due diligence and ensuring compliance with IRS regulations when managing self-directed IRAs or other retirement accounts. Self-directed IRA custodians, such as New Direction Trust company, do not provide fiduciary services, investment, tax, or legal advice. All investment decisions made within a self-directed IRA are solely the responsibility of the account holder. The strategies and examples discussed are based on current IRS rules and contribution limits as of 2025. For the most accurate and up-to-date information please consult www.irs.gov or a qualified tax professional.