Retirement Inflation-Adjustments for 2022

Written by: Ashley Perlmutter

Happy November everyone! New retirement inflation-adjustments for 2022 have been released, and we want to provide you with a quick breakdown. Business owners and employees, this one applies to you, so don’t miss it.

See Below For Retirement Inflation-Adjustments for 2022

  • IRA/Roth IRA contribution: $6,000 (no change)
  • 401k/403(b)/457 deferral: $20,500 ($1,000 increase)
  • 401k/403b/457 catch-up: $6,500 (no change)
  • SEP IRA/PSP: $61,000 ($3,000 increase)
  • SIMPLE deferral: $14,000 ($500 increase)
  • SIMPLE catch-up: $3,000 (no change)
  • Also boosted for 2022: The income ranges for determining eligibility to make deductible contributions to traditional IRAs, Roth IRAs.
  • IRS also issued technical guidance regarding all of the cost of living adjustments

Related: What to Know About 2021 RMDs