401(k), IRA contribution limits won't go up in 2017

Planning young: a retirement roadmap

The government won’t raise the limit on how much you can contribute to your retirement accounts next year.

You’ll be allowed to defer up to $ 18,000 of your salary to your 401(k) and contribute as much as $ 5,500 to your IRA or Roth IRA in 2017, the same as this year. (You can save a little bit more if you’re getting closer to retirement age. More on that below.)

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Personal finance news – CNNMoney.com

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