Skip to main content
Education only. ClearMoneySchool does not provide individualized investment, tax, or legal advice. Why we don't give advice →
S&P 5007457.69-1.01%NASDAQ 10028,593-1.49%DOW52,146-0.77%RUSSELL 20002962.22-0.42%VIX18.91+0.75%GOLD$4008.00-0.27%SILVER$56.69+0.65%BITCOIN$64,070-0.94%
Live · 60s
8 indices tracked · Quotes may be delayed up to 15 minutes · As of 3:31 AM ET
What these mean →

· Trust · Verified Answers

Straight answers, every figure a receipt.

Common money questions, answered in about three sentences each. Every dollar amount and rate in an answer is a live figure you can open to see its source and the date we last checked it. We state the rule; we do not tell you what to do with it.

Figures on this page verified within the last 30 days.

How much can I put in an IRA in 2026?

For 2026 you can contribute up to

$7,500
$7,500
IRA contribution limit (combined Roth + Traditional)
Last checked
Jun 20, 2026
What changed it
IRS annual inflation adjustment (Notice 2025-67)
What it was before
  • $7,0002025
across your traditional and Roth IRAs combined. If you are 50 or older, you can add a
$1,100
$1,100
IRA catch-up contribution (age 50+)
Last checked
Jun 21, 2026
catch-up, for a total of
$8,600
$8,600
Total IRA contribution age 50+ ($7,500 + $1,100 catch-up)
Last checked
Jun 20, 2026
. These are per-person limits, and how much you can put in a Roth phases out at higher incomes.

What is the 401(k) contribution limit for 2026?

You can defer up to

$24,500
$24,500
401(k), 403(b), 457(b), TSP employee elective deferral limit
Last checked
Jun 20, 2026
of your own pay into a 401(k), 403(b), or similar workplace plan in 2026. If you are 50 or older, a
$8,000
$8,000
Standard catch-up contribution (age 50-59 or 64+)
Last checked
Jun 20, 2026
catch-up brings your total to
$32,500
$32,500
Total 401(k) age 50-59 / 64+ ($24,500 + $8,000 catch-up)
Last checked
Jun 20, 2026
. A larger super catch-up of
$11,250
$11,250
Super catch-up contribution (age 60-63 only, SECURE 2.0)
Last checked
Jun 21, 2026
applies at ages 60 to 63.

How much can I contribute to an HSA in 2026?

With self-only high-deductible coverage you can put up to

$4,400
$4,400
HSA contribution limit (self-only HDHP coverage)
Last checked
Jun 20, 2026
in a health savings account for 2026, or
$8,750
$8,750
HSA contribution limit (family HDHP coverage)
Last checked
Jun 20, 2026
with family coverage. At age 55 or older you can add a
$1,000
$1,000
HSA catch-up contribution (age 55+, unchanged for years)
Last checked
Jun 20, 2026
catch-up. You have to be enrolled in a qualifying high-deductible health plan to contribute at all.

What is the standard deduction for 2026?

For 2026 the standard deduction is

$16,100
$16,100
Standard deduction (single, married filing separately)
Last checked
Jun 21, 2026
if you file single,
$32,200
$32,200
Standard deduction (married filing jointly, surviving spouse)
Last checked
Jun 21, 2026
for a married couple filing jointly, and
$24,150
$24,150
Standard deduction (head of household)
Last checked
Jun 21, 2026
for head of household. People 65 or older get an extra amount on top. You take the standard deduction unless your itemized deductions add up to more.

How much of my pay is taxed for Social Security in 2026?

Social Security tax applies to the first

$184,500
$184,500
Social Security wage base (maximum taxable earnings, OASDI)
Last checked
Jun 21, 2026
of earnings in 2026; pay above that is not subject to it. The employee rate is
6.2%
6.2%
OASDI (Social Security) tax rate, employee portion
Last checked
Jun 21, 2026
, so the most you would pay in a year is
$11,439
$11,439
Maximum Social Security tax paid by an employee in 2026
Last checked
Jun 21, 2026
. Medicare tax of
1.45%
1.45%
Medicare tax rate, employee portion (no wage base limit)
Last checked
Jun 21, 2026
applies to all of your wages with no cap.

What is the SALT deduction cap now?

For 2026 the cap on deducting state and local taxes is

$40,400
$40,400
SALT deduction cap, 2026 (married filing separately $20,200; phases down above $505,000 MAGI to a $10,000 floor)
Last checked
Jul 18, 2026
What changed it
One Big Beautiful Bill Act (Pub. L. 119-21)
What it was before
  • $40,0002025
  • $10,000TCJA floor, before 2025
. That is a large increase from the cap set by the 2017 tax law; open the receipt to see the prior value and the law that changed it. The cap phases down for higher earners.

How much can I give someone tax-free in 2026?

You can give up to

$19,000
$19,000
Annual gift tax exclusion per recipient (Rev. Proc. 2025-32 Sec. 4.42; unchanged from 2025)
Last checked
Jun 21, 2026
per person in 2026 without filing a gift tax return, and a married couple can give twice that. Gifts above that count against a lifetime exclusion of
$15,000,000
$15,000,000
Federal estate tax basic exclusion amount per individual (made permanent by OBBBA)
Last checked
Jun 21, 2026
per person before any gift or estate tax applies. Most people never reach that lifetime amount.

What is the dependent care FSA limit for 2026?

For 2026 you can set aside up to

$7,500
$7,500
Dependent Care FSA exclusion limit (single or married filing jointly)
Last checked
Jul 17, 2026
What changed it
One Big Beautiful Bill Act (Pub. L. 119-21)
What it was before
  • $5,000before 2026
pre-tax in a dependent care FSA, or
$3,750
$3,750
Dependent Care FSA exclusion limit (married filing separately)
Last checked
Jul 17, 2026
What changed it
One Big Beautiful Bill Act (Pub. L. 119-21)
What it was before
  • $2,500before 2026
if you are married filing separately. It covers care for children under 13 and other qualifying dependents so you can work. It is separate from a health FSA, which has its own
$3,400
$3,400
Health FSA voluntary employee salary reduction limit
Last checked
Jun 21, 2026
limit.

What this is. Plain answers to questions with a clear, checkable answer, where every figure traces to a primary source. Open any number to see its receipt, or browse them all on the Source Ledger.

What this page is not. These answers are education, not advice, and mistakes can happen. Every figure links its source; the source outranks us. When we get something wrong, the correction is logged publicly on our errata page. Spot an error? Tell us.

Education only. Nothing here is investment, tax, or legal advice.