What Are the Contribution Limits for Tax-Deferred Employer Retirement Plans?

In 2017, employees younger than age 50 may contribute up to $18,000 to the following salary reduction retirement savings plans: (401(k), 403(b), 457, and Thrift savings Plan (TSP). Individuals 50 and older may contribute up to $24,000, which includes the maximum annual catch-up contribution of $6,000.

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