Will it help Americans save more for retirement?

Perhaps, though the more immediate impact of the news Thursday from the IRS was to once more focus attention on the savings rates of workers and their "retirement readiness."

The news was certainly welcome by the industry – cost-of-living adjustments that will allow participants next year in 401(k), 403(b), 457 plans and those in the federal Thrift Savings Plan to boost their maximum annual elective deferral rate to $18,000, up from $17,500.

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