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Please check here often to view recent changes in the U.S. Tax Laws.
Updated: January 1, 2026
2026
2026 Retirement Contribution Limits:
| IRA (Regular & Roth) | $7,500 |
| IRA catch-up | $1,100 |
| 401(k)/403(b) | $24,500 |
| 401(k)/403(b) catch-up | $8,000 (ages 60-63: $11250) |
| SIMPLE | $17,000 |
| SIMPLE (25 or less employees) | $18,100 |
| SIMPLE catch-up | $4,000 (ages 60-63: $5,250) |
| SIMPLE catch-up (25 or less employees) | $3,850 (ages 60-63: $5,250) |
| SEP IRA/Solo 401(K) | $72,000 |
| Solo 401(K) Catch-up | $8,000 (aqes 60-63:$11,250) |
| The catch-up is for those that are 50 years old or older before the close of the tax year. |
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2026 Estate Tax Limits:
| Annual gift tax exclusion | $19,000 |
| Estate tax exemption | $15,000,000 |
2026 Mileage rates
Business: 72.5 cents/mile
Medical/moving: 20.5 cents/mile
Charitable: 14 cents/mile
2026 HSA contribution limits
Individual $4,400
Family $8,750
Catch-up $1,000
The catch-up is for those 55 years old or older before the close of the tax year.
2026 Nanny Tax threshold: $3,000
