Key Points The contribution limits for 401(k) plans are increasing in 2026. The limit for workers under 50 is rising by $1,000, and catch-up contributions are increasing as well. If you can't max out your 401(k), don't sweat it, but make sure to save something. The $23,760 Social Security bonus most retirees completely overlook › The reason it's important to save for retirement is simple. Without savings, you might struggle to cover your living expenses once your career comes to an end. If you e ...