The Ledger: 2026 Retirement Plan Contribution Limits

Cody Allen, President
Tower Trust & Investment Company

With the arrival of 2026, the Internal Revenue Service has finalized the updated retirement plan contribution limits for U.S. taxpayers. These numbers matter for anyone looking to maximize retirement savings and benefit from the usage of tax-advantaged accounts. Below, we have summarized the popular key limits, catch-up provisions, and planning implications for 2026.

A welcomed sign with the 2026 revisions is the increased contribution limits, and catch-up contribution limits, in almost every category. A not so welcomed sight is the layer of complexity added to the Simple IRA contribution limits which involves the determination of age, the number of employees within the organization and specific plan provisions elected by the employer.

If you participate in Simple IRA Plan and need assistance determining how much you can contribute to your Simple IRA in 2026, please contact us at 563.388.2628.