Question 1

What is the 401(k) contribution limit for 2026?

Accepted Answer

For 2026, the 401(k) employee contribution limit is $23,500. If you are age 50 or older, you can contribute an additional $7,500 catch-up, for a total of $31,000. The SECURE 2.0 Act also introduced a super catch-up of $11,250 for ages 60-63.

Question 2

How does employer matching work?

Accepted Answer

Many employers match a percentage of your contributions, typically 50% up to 6% of your salary. For example, if you earn $100,000 and contribute 6%, your employer adds $3,000. This is free money that significantly boosts your retirement savings.

401(k) Calculator 2026

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