The contribution limits are changing, but not by very much.  You'll be allowed to put an extra $500.00 into your employer plan next year. 

Last week the Internal Revenue Service announced changes for 401k, 403b and 457 plans.

The limits are $15,500 and the catch-up contribution for workers over age 50 will remain at $5,000.

IRA contribution limits won't change: It will remain at $4,000 or, if you are age 50 or older, $5,000.

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