The Maximum 401k Contribution Limit: What You Could Have If You Max Out Every Year

9:31 AM

The maximum 401k contribution limit for 2022 increases to $20,500 from $19,500 in 2021 is $19,500. I’m surprised the maximum 401k contribution limit is jumping by $1,000. Historically, the limit usually increases by only $500 every two to three years. Inflationary pressures are likely the main reasons for such a high contribution limit increase. For

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