News & Announcements
2022 Retirement Plan Contribution Limits
How much you can invest in 2022.
Max your retirement accounts and then go somewhere relaxing.
Contribution limits for 401(k)s, 403(b)s, 457(b)s, IRAs, HSAs, FSAs are out.
All the limits are indexed to inflation so you will generally see an increased contribution every year or two. Inflation was relatively high in the first half of 2021, so the 2022 contribution limits for many of these accounts increased for 2022.
2022 Limits
The following table summarizes the contribution limits. What do you qualify for?
| 2021 | 2022 | Change | |
|---|---|---|---|
| 401(k), 403(b), and Most 457 Plans | $19,500 | $20,500 | $1,000 |
| Catch-up Contribution 50+ | $6,500 | $6,500 | $0 |
| Combined Annual Contribution | $58,000 | $61,000 | $3,000 |
| Combined Annual Contribution 50+ | $64,500 | $67,500 | $3,000 |
| Traditional/IRA Contribution | $6,000 | $6,000 | $0 |
| IRA Catch-Up Contribution | $1,000 | $1,000 | $0 |
| HSA Contribution (single) | $3,600 | $3,650 | $50 |
| HSA Contribution (family) | $7,200 | $7,300 | $100 |
| FSA Contribution | $2,750 | $2,850 | $100 |
Highlights
- 401(k)/403(b) Employee Contribution Limit for those under 50 went from $19,500 to $20,500. Yay.
- Traditional and Roth IRA Contribution Limits stayed the same. Boo.
- Social Security benefits are projected to increase by 6.2%. Yay.