05/18/2026
The 2026 401(k) contribution limit is $24,500. For physicians earning $300,000 or more, that's less than 8 percent of gross income. Itโs a solid starting point, but not a complete picture on its own.
Maxed out your 401(k)? Consider also building:
โ๏ธ Backdoor Roth IRA: tax-free growth and tax-free withdrawals in retirement
โ๏ธ Taxable brokerage account: no contribution limits, no restrictions on withdrawals
โ๏ธ Health Savings Account: triple tax advantage when invested for the long term
โ๏ธ Deferred compensation plan: Allows high earners to defer income and reduce current tax exposure
The 401(k) is the foundation; these are what you build on top of it.