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2022 Retirement Plan Contribution Limits Thumbnail

2022 Retirement Plan Contribution Limits

The IRS will allow taxpayers to contribute $20,500 to their 401(k)s, 403(b)s, and most 457 plans in 2022, up from $19,500 in 2021.  If you are over the age of 50, the catch up contribution remains the same at $6,500.  The IRA contribution limits have not changed, remaining at $6,000 with an additional $1,000 contribution limit if you are over the age of 50.

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 About Beirne Wealth Consulting Services, LLC –

Beirne Wealth Consulting Services, LLC (“BWC”) is a privately owned, SEC Registered Investment Advisor* with offices in Connecticut and Pennsylvania. BWC provides independent, fee-based investment management services and customized financial planning solutions. Our institutional business provides consulting expertise to defined benefit and defined contribution plans, endowments, foundations and non-profit organizations. Our private clients include high net-worth individuals and prominent families, many of whom bring complex wealth management challenges and multigenerational planning needs. For more information, please visit or give us a call today at 888-231-6372.

 *Registration does not imply a level of skill or training.

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