| Maximum Contributions |
| Annual Dollar Limits |
Plan Year 2021 |
Plan Year 2022 |
Increase from Prior Year? |
| Employee Deferral 401(k), 403(b) or 457 Plan |
$19,500 |
$20,500 |
YES |
| Age 50+ Catch-up 401(k), 403(b) or 457 Plan |
$6,500 |
$6,500 |
– |
| Traditional & Roth IRA Plan |
$6,000 |
$6,000 |
– |
| Traditional & Roth IRA Plan Age 50+ Catch-up |
$1,000 |
$1,000 |
– |
| SIMPLE 401(k) or SIMPLE IRA Plan |
$13,500 |
$14,000 |
YES |
| SIMPLE 401(k) or SIMPLE IRA Plan Age 50+ Catch-up |
$3,000 |
$3,000 |
– |
| Maximum Annual Additions to All Defined Contribution Plans by the Same Employer |
$58,000 |
$61,000 |
YES |
