SG Accounting Services LLC

New Contribution and Gift Tax Limits for 2026

Tax-advantaged savings accounts

Type2025 limit2026 limitChange
401(k), 403(b), 457(b), and their Roth equivalents$23,500$24,500+$1,000
Catch-up contribution, ages 50+$7,500$8,000+$500
Catch-up contribution, ages 60–63$11,250$11,250No change
Traditional and Roth IRAs$7,000$7,500+$500
Catch-up contribution, ages 50+$1,000$1,100+$100
Health savings accountIndividual: $4,300Family: $8,550Individual: $4,400Family: $8,750Individual: +$100Family: +$200
Catch-up contribution, ages 55+$1,000$1,000No change
SEP-IRA* and overall defined contribution plan limit†$70,000$72,000+$2,000
SIMPLE IRA and SIMPLE 401(k)$16,500$17,000+$500
Catch-up contribution, ages 50+$3,500$4,000+$500
Catch-up contribution, ages 60–63$5,250$5,250No change

Gift and estate taxes

Type2025 limit2026 limitChange
Annual gift tax exclusion (per recipient)Individual: $19,000Married filing jointly: $38,000Individual: $19,000Married filing jointly: $38,000Individual: No changeMarried filing jointly: No change
Lifetime gift and estate tax exemptionIndividual: $13.99 millionMarried filing jointly: $27.98 millionIndividual: $15 millionMarried filing jointly: $30 millionIndividual: +$1,010,000Married filing jointly: +$2,020,000