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The 2017 elective deferral limit for employees who participate in 401(k), 403(b) and most 457 plans is increased to $18,000. The catch-up contribution limit for employees aged 50 and over for these plans increases to $6,000. The limit on annual IRA contributions remains unchanged at $5,500. The additional catch-up contribution limit for individuals aged 50 and over also remains unchanged at $1,000.