Limits to 401k contributions for 2022
Key Points Employers can funnel $20,500 to 401k savings in the 2022 tax year. This increases the 2021 contribution limit to $1,000. In 2022, the contribution limit for individual retirement accounts is $6,000 You might be curious about how much you can contribute to your 401k. The Internal Revenue Service (IRS), which sets limits for […]
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