2022 IRS Changes to Retirement Plan Limits

The IRS has announced changes to retirement plan contributions for 2022. These changes include income limits to contribute and maximum contribution amounts. Matthews Barnett, CFP®, ChFC®, CLU®, Financial Planning Specialist discusses what the IRS changes with contribution limits for retirement accounts. These changes also include an increase of the income limits to be eligible to contribute to a retirement account like a Roth IRA. These changes will take effect in 2022.

Matthews Barnett, CFP®, ChFC®, CLU®

Financial Planning Specialist