The Economic Times

Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open today

The 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b) and 457(b) limits have also increased. The standard deduction is higher, too. These changes may look modest individually, but together they can affect how much income you save, shelter or keep during the year.