The document summarizes IRA and retirement plan contribution limits for 2016. The maximum IRA contribution limit remains $5,500, with a $1,000 catch-up limit for those over 50. Traditional IRA deduction limits are unchanged except for one instance. Roth IRA contribution limits have increased slightly for some income levels. Employer retirement plan limits like 401(k) contributions remain at $18,000 with a $6,000 catch-up limit. Defined contribution plan maximum allocation is $53,000 plus catch-up.