401k Contribution Limits for 2022

401k Contribution Limits for 2022 || 5.1% Increase in 401k Contribution Limit In this podcast I want to discuss the new 2022 401k contribution limits. Because of inflation, 401k contributions and other qualified retirement accounts are seeing a 5.1% increase in contribution limits.  Below are the tables for 401k contribution limits for 2022 and other qualified retirement plans (These are annual retirement contribution figures):   401k- $20,500  403b-$20,500  457- $20,500  TSP- $20,500  IRA-No change  Roth IRA-No change  SEP IRA- $61,000 **Free Retirement Download: The Roadmap to Retirement:** https://yourfinancialekg.com/#download **To schedule your virtual retirement and investment consultation with Drew,  please select a day & time that works best for you: https://calendly.com/pearlwealthgroup/discoverycall **