2022 Dollar Limitations on Benefits and Contributions
Posted on November 10, 2021
With the release of Notice 2021-61, the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2022 tax year.
The following table shows the 2022 dollar limitations in comparison to the 2021 dollar limits.
For additional information, please contact Dave Mosier or Nadia Havard:
David M. Mosier's practice includes business and tax transactions, retirement benefits, designing and drafting of employee pension and welfare benefit plans, and more.
Nadia A. Havard concentrates her practice in all areas of qualified and nonqualified retirement plans and employee benefits; transfer taxes; fiduciary income tax and trust administration; business; as well as estate planning and administration. She also helps nonprofits obtain and maintain their tax-exempt status.
Legal Advice Disclaimer:
The content of this website is provided for general information purposes only. It should not be used as a substitute for consulting an attorney for legal advice regarding the reader's own affairs. Knox McLaughlin Gornall & Sennett, P.C. is not responsible for the content provided on any third-party website which may be accessed via links provided by this site.
