Keyword Analysis & Research: 401k contribution limits 2022


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Frequently Asked Questions

How much can I contribute to 401K in 2022?

The contribution limit for SIMPLE 401k and SIMPLE IRA plans will go up from $13,500 in 2021 to $14,000 in 2022. If you are age 50 or over, the catch-up contribution limit will stay the same at $3,000 in 2022 as in 2021. Employer contributions aren’t included in these limits.

What is the maximum allowed 401k contribution?

The current maximum 401k contribution limit is $16,500 for adults that are under the age of 50. Adults that are 50 and over can contribute an additional $5,500 due to catch-up provisions.

What is the 2022 401k Max?

401k/403b/457/TSP contribution limit will go up by $1,000 from $19,500 in 2021 to $20,500 in 2022. This limit usually goes up by $500 at a time but higher inflation is making it go two steps in one year. If you are age 50 or over, the catch-up contribution limit will stay the same at $6,500 in 2022 as in 2021.

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