Retirement Plan Contribution Limits & Other Tax Changes for 2022
Every year the IRS reviews a variety of retirement plan contribution limits and other important fiscal boundaries. Here’s a list of changes made effective January 1st, 2022. Item 2021 2022 401(k) Employee Max $19,500 $20,500 401(k) Catch Up $6,500 $6,500 401(k) Total Max $58,000 $61,000 HSA (Individual) $3,600 $3,650 SIMPLE IRA $13,500 $14,000 SIMPLE IRA […]
