MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

Over Age 50? The IRS Just Changed Your Contribution Limits ⏳

16 Jul 2026 · 0 min

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Mark Kohler breaks down the 2026 Roth IRA limits: $7,500 for under 50, $8,600 for 50 and older. That's roughly $625 a month for younger savers. He argues funding one every year matters more as you age, especially if you don't have another retirement plan.

But before we talk about anything else fancy, I want you to fund your IRA every year. Now, preferably a Roth IRA, but for 2026, that's $7,500 if you're under age 50. And if you're 50 or older, that's $8,600. That's around $625 a month if you're under age 50. I know that sounds like a lot, and it can be a lot for many of you. It's like a car payment. But if you don't have a retirement plan, that money starts to be very, very important to set aside.