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Podcast: Your Financial EKGâ„¢ | Retirement Planning | Investment and Wealth Management | Financial Planning
Episode: 401k Contribution Limits for 2022
Description: 401k Contribution Limits for 2022 || 5.1% Increase in 401k Contribution Limit
In this podcast I want to discuss the new 2022 401k contribution limits. Because of inflation, 401k contributions and other qualified retirement accounts are seeing a 5.1% increase in contribution limits.Â
Below are the tables for 401k contribution limits for 2022 and other qualified retirement plans (These are annual retirement contribution figures): Â
401k- $20,500Â
403b-$20,500Â
457- $20,500Â
TSP- $20,500Â
IRA-No changeÂ
Roth IRA-No changeÂ
SEP IRA- $61,000
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