February 2022

2022 Contribution Limits

Submitted by 360Blue Financial Strategies on February 4th, 2022

Preparing for retirement just got a little more financial wiggle room. The Internal Revenue Service (IRS) announced new contribution limits for 2022.

Staying put for 2022 are traditional Individual Retirement Accounts (IRAs), with the limit remaining at $6,000. The catch-up contribution for traditional IRAs remains $1,000 as well.¹

Securities and Advisory Services offered through United Planners Financial Services Member: FINRA, SIPC. 360Blue Financial Strategies and United Planners are not affiliated.

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February 2022

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