The simple answer is no. The contribution limits for 2014 have not been increased. You can still contribute $17,500 to your 401(k), 403(b), or 457 plans. If you are over age 50, you can add an additional $5,500. The contribution limit for a Traditional or Roth IRA also remains at $5,500 plus $1000 if you are over 50.

What has changed are the income limits that determine if you can contribute to a Roth IRA. In 2014 if you are single with adjusted gross income less than $129,000 or $191,000 if married, you can make a full Roth deposit.

Whatever the limits, you should contribute as much as you comfortably can for yourself through the options available to you at work.

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