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

[fruitbowlk]

http://money.cnn.com/2013/10/31/retirement/401k-contribution-limit/index.html?iid=HP_River

[MonkeyMama]

Thanks! I was just going to post this.

IRA contribution limit remains at $5,500, also.

[disneysteve]

IRA contribution limit remains at $5,500, also.

That's the one that annoys me. If you've got a 401k, you get to put away $17,500 but if you don't, you only get to save $5,500. Never seemed fair, especially since I don't have a 401k.

At least my wife hits 50 this year so we got the extra $1,000 and I get to do it starting next year.

[KTP]

Oh, there are plenty of other things that annoy me. Like some being able to contribute $50,000 to a solo 401K or being able to fund both a 401K and a 457 with $17,500 each! (who came up with that bright idea?)

[Petunia 100]

That's the one that annoys me. If you've got a 401k, you get to put away $17,500 but if you don't, you only get to save $5,500. Never seemed fair, especially since I don't have a 401k.

At least my wife hits 50 this year so we got the extra $1,000 and I get to do it starting next year.

You could start an employer plan.

[disneysteve]

You could start an employer plan.

Tell my employer that.

[Petunia 100]

Tell my employer that.

Oh, I thought you had your own practice. Guess you are out of luck, then. Have you already tried suggesting it?