Retirement & IRS Limits Comparison: 2025-2026
KEY POINTS:
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(1) 401(k) and 403(b) plans have increased to a $24,500 limit, with the catch-up contribution increasing to $8,000 for individuals aged 50 and older.
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(2) Profit-Sharing 401(k) plans will see an increase to $72,000 in 2026 for those under 50, with the catch-up contribution for those aged 50 and older rising to $8,000.
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(3) Traditional and Roth IRA contribution limits have increased to $7,500, with the catch-up contribution now $1,100 for individuals aged 50 and older.
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(4) The maximum phase-out income limits for Roth IRAs have risen to $153,000–$168,000 for single filers and $242,000–$252,000 for married couples; for those nearing these limits, consider using a Backdoor Roth IRA strategy.
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(5) The SEP IRA contribution limit has increased to $72,000, up from $70,000, but it remains capped at 25% of net income, whichever is the lower of the two limits.
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(6) SIMPLE IRA contribution limits have increased to $17,000, with the catch-up contribution rising to $4,000 for those aged 50 and older. This employer plan remains less favorable; consider transitioning to a low-cost 401(k) option instead.
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(7) Health Savings Account (HSA) limits have risen to $4,400 for single coverage and $8,750 for family coverage. Flexible Spending Account (FSA) health limits have also increased to $3,400 for 2026, with the health FSA carryover cap rising to $680.
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(8) The maximum Social Security benefit for individuals filing at their Full Retirement Age (approximately 67 years old) has increased to $4,152 per month.
As we head into 2026, the latest federal government shutdown delayed the IRS’s usual fall announcements—but the new retirement plan limits are finally here. The good news? You now have even more room to build your future nest egg.
Even small tweaks today can compound into huge results later. Plan smart, save big, and build the multi-million-dollar retirement you deserve after decades of eye exams and running a practice.
The headline is simple: You can put more into 401(k)s, IRAs, HSAs, and FSAs in 2026—but high earners need to pay close attention to the Roth-only catch-up rules and updated income thresholds. This is the year to fine-tune your payroll deferrals, review your practice’s retirement plan design, and dial in your personal savings strategy so you’re not leaving any tax-advantaged space on the table.
Source: IRS Notice
Want to learn how to plan for Retirement? Check Out The Optometrist's Guide to Retirement
Want to do the BackDoor Roth IRA? Check Out The Optometrist's Guide to BackDoor Roth IRA
Need a 401K or Profit Sharing? Check Out Recommended 401K Providers
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