401(k) Calculator

For 2026 the IRS 401(k) employee contribution limit is $24,500, up from $23,500 in 2025, plus a catch-up of $8,000 at age 50 or older (IRS Notice 2025-67). Enter your salary, contribution rate and employer match to project your balance at retirement.

Updated for 2026 IRS limits (IRS Notice 2025-67) Last reviewed

Reviewed by Hassan Ahmed, Founder and Software Developer. Not a licensed tax advisor.

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2026 IRS contribution limit: $24,500 (under 50). Calculator caps employee contribution at this limit.

Balance at retirement

$1,126,522

Your contributions

$214,089

Employer match

$107,045

Investment growth

$780,388

Year-by-year growth
YearYour $Match $Balance
1$4,500$2,250$33,973
6$5,217$2,608$92,893
11$6,048$3,024$182,738
16$7,011$3,505$317,104
21$8,128$4,064$515,245
26$9,422$4,711$804,374
30$10,605$5,302$1,126,522

2025 vs 2026: what changed

Compared with the 2025 tax year, the main 2026 changes for 401(k) and IRA savers are a higher employee deferral limit and a higher age 50 catch-up (IRS Notice 2025-67).

2025 and 2026 federal figures for 401(k) and IRA savers, with the primary source for each row.
Item20252026ChangeSource
401(k), 403(b) and TSP employee deferral limit$23,500$24,500+$1,000 (+4.3%)IRS Notice 2025-67
Catch-up contribution, age 50 and over$7,500$8,000+$500 (+6.7%)IRS Notice 2025-67
Higher catch-up contribution, ages 60 to 63$11,250$11,250No changeIRS Notice 2025-67
Total annual additions limit, section 415(c)$70,000$72,000+$2,000 (+2.9%)IRS Notice 2025-67
IRA contribution limit$7,000$7,500+$500 (+7.1%)IRS Notice 2025-67
IRA catch-up, age 50 and over$1,000$1,100+$100 (+10.0%)IRS Notice 2025-67

How this 401(k) calculator works

Each projected year the calculator contributes your chosen percentage of salary, capped at the 2026 employee deferral limit of $24,500, adds the employer match, grows the balance at your expected return and raises your salary by the growth rate you set. Catch-up contributions are not added automatically. To see what the same money does in a taxable account, use the compound interest calculator, and check the tax effect of pre-tax deferrals in the take-home pay calculator.

Frequently Asked Questions

What is the 2026 401(k) contribution limit?+
For 2026 the IRS employee deferral limit is $24,500 for savers under age 50, plus a catch-up of $8,000 at age 50 or older ($32,500 combined) and a higher catch-up of $11,250 for ages 60 to 63. Employer match sits on top and does not count against this limit. Source: IRS Notice 2025-67, reviewed 2026-09-14.
What changed from 2025 to 2026?+
The employee deferral limit rose from $23,500 to $24,500 and the age 50 catch-up rose to $8,000. The IRA limit and the total annual additions limit also moved up, while the ages 60 to 63 catch-up stayed flat. The table on this page lists every limit for both years.
How does employer match work?+
Many employers match a percentage of your contribution up to a salary cap. Common example: '50% match up to 6% of salary' means if you contribute 6%, employer adds 3%. Always contribute at least enough to get the full match — it's free money.
What annual return should I assume?+
Historical S&P 500 average is ~10% nominal, ~7% inflation-adjusted. A diversified target-date fund typically returns 5–8% inflation-adjusted. Use 7% for a realistic long-term projection.
Should I do Roth or Traditional 401(k)?+
Roth 401(k) contributions are taxed now, withdrawn tax-free in retirement. Traditional is the opposite. Roth wins if you expect to be in a higher tax bracket in retirement; Traditional wins if lower. Many savers split 50/50.
Does this include catch-up contributions?+
No. This calculator caps employee contributions at the under-50 limit of $24,500. If you are 50 or older you can add $8,000 a year on top, so raise your contribution percentage to model it.

Related reading

Guides from the Calcora editorial team that pair with this calculator.

Disclaimer: Projections are based on the return rate you input. Actual investment returns vary year to year. Past performance does not guarantee future results.

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