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.