401(k) deferral
+$5,000
20202026
2020 vs 2026 401(k) & IRA Limits
401(k) deferral $19,500 vs $24,500; IRA $6,000 vs $7,500.
By Sammy S. · Founder · AuthorUpdated for 2026
IRA limit
+$1,500
50+ catch-up
+$1,500
Side-by-side scoreboard
2020
$19,500
401(k) elective deferral
- IRA
- $6,000
- 50+ catch-up
- $6,500
- §415(c)
- $57,000
2026
$24,500
401(k) elective deferral
- IRA
- $7,500
- 50+ catch-up
- $8,000
- §415(c)
- $72,000
Full limit comparison
401(k) elective deferral
2020$19,500
2026$24,500
Age 50+ catch-up
2020$6,500
2026$8,000
Total under 60 / 64+
2020$26,000
2026$32,500
Ages 60–63 catch-up
2020—
2026$11,250
IRA limit
2020$6,000
2026$7,500
IRA at age 50+
2020$7,000
2026$8,600
§415(c) combined
2020$57,000
2026$72,000
Compensation cap
2020$285,000
2026$360,000
SIMPLE elective
2020$13,500
2026$17,000
Education
What the 2020 → 2026 changes mean for savers
More (or less) paycheck deferral room
The elective-deferral change of $5,000 (increase) is the maximum extra (or reduced) amount under-50 workers could elect from pay—before catch-up. Age-50+ catch-up moved $1,500.
IRA room is independent
IRA limits changed by $1,500. That room stacks with workplace deferrals, so a COLA on both sides can meaningfully raise total tax-advantaged savings capacity even if each individual jump looks small.
Watch §415(c) if you get a large match
Combined additions rose from $57,000 to $72,000. High earners with rich matches can hit this ceiling before they exhaust elective-deferral + catch-up room.
Super catch-up context
Ages 60–63 catch-up: n/a in 2020 vs $11,250 in 2026. Eligible participants use that amount instead of the regular age-50+ catch-up.
Compare other years
Compare any two years
401(k) deferrals, catch-ups, IRA limits, and §415(c) caps.
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Current-year calculators
FAQs
The §402(g) elective deferral limit went from $19,500 in 2020 to $24,500 in 2026 ($5,000 change). Age-50+ catch-up went from $6,500 to $8,000.
The IRA limit moved from $6,000 to $7,500. Age-50+ IRA catch-up went from $1,000 to $1,100 (max $8,600 at age 50+ in 2026).
2020: $26,000 ($19,500 + $6,500). 2026: $32,500 ($24,500 + $8,000).
In 2020: not yet available. In 2026: $11,250.
Annual additions (employee + employer) were capped at $57,000 in 2020 vs $72,000 in 2026. The compensation cap moved from $285,000 to $360,000.
SIMPLE elective contributions: $13,500 → $17,000. SIMPLE age-50+ catch-up: $3,000 → $4,000.
2026 was higher ($24,500 vs $19,500).
No in either year. Match and other employer contributions do not reduce your §402(g) elective-deferral room, but they do count toward the higher §415(c) annual-additions limit.
Yes for both years: Traditional and Roth share one annual IRA limit ($6,000 in 2020, $7,500 in 2026), plus catch-up if eligible. Roth contributions also face AGI phaseouts that change yearly.
These pages are IRS reference tables for tax years 2020 and 2026. The 401(k) match and Roth IRA calculators model current-year limits, not a historical year selector.