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Retirement Planning > Retirement Investing

Next year’s 401(k) contribution limit: still $17,500

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The 401(k) contribution cap will remain the same because the IRS has determined that there has not been a significant enough rise in the Consumer Price Index — the metric for measuring inflation. The catch-up contribution max will also stay the same at $5,500. No change to the limits may seem inconsequential to the many Americans struggling to pay their month-to-month bills, but the many Americans grossly under prepared for retirement might feel different.