A boost to your 401(k) limits isn’t in the cards for 2017

Hey, big saver! The IRS won’t increase the maximum amount you can squirrel away in your retirement plan next year.

That means that in 2017, employees can defer up to $18,000 in their 401(k) plan — the same amount as this year. The limit also applies to 403(b) plans, most 457 plans and the federal Thrift Savings Plan.

The catch-up contribution limit for employees who are at least 50 years of age is $6,000, the same as it was this year.

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