New year means new brackets and limits and all that great jazz!
This year the total amount you can contribute to your 401(k) or 403(b) will not increase (remains $15,500) but IRA contributors will be able to put $5,000 towards their retirement (more if you’re in the catch-up category).
There are a few other 2008 increases indexed to inflation that have been discussed over at Blueprint for Financial Prosperity in the review of 2008 federal income tax brackets post so I won’t be repeating them here.