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.
Financial Planning Specialist