Header 1

For 2022, 401(k) Contribution Limit Rises to $20,500

Nov 04, 2021

Employee 401(k) contributions for 2022 will top off at $20,500—a $1,000 increase from the $19,500 cap for 2021 and 2020—the IRS announced on Nov. 4. Plan participants age 50 or older next year can contribute an additional $6,500. (Read More)

Article By: Stephen Miller, CEBS SHRM

« View all News