AARP ran an article this morning about how next year’s contribution limits for 401(k)s has gone up $500. If you are already over 50, you’re entitled to make extra contributions. Those catch-up contributions will go up to $6000 a year for 401(k) plans beginning next year. The annual contributions for IRAs will remain the same at $5,500 with a catch-up contribution limited to $1000 (a total of $6500 for IRA accounts). To read more about the adjustment, go to the AARP article.