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November 17, 2025

IRS boosts contribution limits for 401(k) retirement plan savers

  • The maximum contribution that an individual can make will be $24,500 in 2026.
    • By ALEX VEIGA
    AP Business Writer

    Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year.

    The IRS said Thursday the maximum contribution that an individual can make in 2026 to a 401(k), 403(b) and most 457 plans will be $24,500. That's up from $23,500 this year.


     
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