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IRS Raises Retirement Contribution Limits for 2026 Amid Inflation Adjustments

IRS Raises Retirement Contribution Limits for 2026 Amid Inflation Adjustments

Author:

Global Cryptocurrency

Published:

2025-11-13 19:07:01

17

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BTCCSquare news:

The IRS announced increased contribution limits for 401(k) and IRA accounts for 2026, reflecting inflation adjustments. 401(k) limits will rise by $1,000 to $24,500, while IRA contributions increase by $500 to $7,500. Catch-up contributions for those aged 50+ also see incremental bumps.

These adjustments come as traditional retirement safety nets like Social Security face strain. The changes enable workers to shield more income from taxes while bolstering long-term savings—a critical advantage as living costs outpace wage growth.

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