The IRS has announced the 2026 retirement contribution limits, with some increases for certain plans. Notably, 457(b) plan contributions have risen to $22,500, up from last year’s $20,500 limit, according to the City of Portland.
Individual Retirement Account limits remain unchanged at $6,000 for the year. Savers should consider these updates when planning their long-term retirement strategy, as reported by the City of Portland.
The 2026 retirement contribution limits have been updated, affecting how much individuals can contribute to their retirement accounts. These changes provide an opportunity to review and adjust retirement savings. For full details, see the City of Portland’s announcement.
