The IRS recently announced the 2022 limits – which are indexed each year – for contributions to and benefits under 401k Plans, 403b Plans, and other Retirement Plans. Depending upon the type of Plan and the Plan features, and the Employer’s circumstances, some limits may or may not be applicable. The following chart/table lists the 2022 limits, and compares the updated limits to recent years (click the text 2022 Limits): 2022 Limits
To learn more about how the updated limits may impact your Plan, please reach-out to your primary contact on the ACSI Team or mbrand@acsi-ny.com.
