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The IRS announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased

The IRS has officially released the annual inflation adjustments for the 2026 tax year—adjustments that reflect not only routine cost-of-living updates but also significant provisions from the One Big Beautiful Bill Act (OBBBA).

The OBBBA introduces key changes that enhance relief options for personal casualty losses and broaden eligibility for those affected by disasters.