Pay attention if you earned a large income this year.One really nice thing about 401(k) plans is that they come with significantly higher annual contribution limits than IRAs. That allows you to save a big chunk of money for retirement in a tax-advantaged manner.Of course, not everyone can take advantage of those generous 401(k) plan limits. If you only earn $50,000 a year, for example, you're probably not maxing out a 401(k). But with a higher salary, maxing out a 401(k) becomes much more doable. In 2026, ...