The IRS has increased the 2027 contribution limit for 401(k) retirement plans to $25,500, up $1,000 from the 2026 limit of $24,500. This adjustment helps workers save more for retirement amid inflation. The catch-up contribution limit for workers aged 50 and over also rose by $500 to $8,500, allowing those eligible to contribute up to $34,000 annually starting next year. IRA contribution limits remain unchanged, but income eligibility ranges for IRA deductions and credits have been adjusted for 2027.
The IRS's 2027 401(k) contribution limit increase provides context for retirement savings as of November 15, 2026. For readers following the Financials sector, here is Pluang's market snapshot as of Nov 15, 2026 10:11 WIB: out of 142 priced US Financials stocks, 102 rose and 36 fell. Notable movers include Global Payments Inc (GPN) at USD 91.90 with a +4.21% change and a typical hold time of 49 days, Prospect Capital Corporation (PSEC) at USD 1.46 with a +3.91% change, and KB Financial Group, Inc. (KB) at USD 117.42 with a +3.55% change.
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