The IRS has announced the 2022 maximum 401K contribution limit for employees, which is the max that workers can legally contribute to a 401K in a given calendar year. The 2022 maximum 401K contribution limit will be $20,500, which means an increase of $1,000 versus the 2021 maximum 401K contribution limit of $19,500. Read on for expanded details on the update, including catch-up contributions, employer maximum contributions, historical limits, and more.. The IRS adjusts maximum retirement account contribution limits according to changes in the consumer price index (CPI), and the CPI has...
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