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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.

Chart comparing 2022 dollar limitations on benefits and contributions to 2021 dollar limits, from IRS Notice 2021-61

For additional information, please contact Dave Mosier or Nadia Havard:

David M.Mosier

David M. Mosier

David M. Mosier's practice includes business and tax transactions, retirement benefits, designing and drafting of employee pension and welfare benefit plans, and more.

dmosier@kmgslaw.com

814-923-4878

Nadia A.Havard

Nadia A. Havard

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 nonprofit organizations to obtain and maintain their tax-exempt status.

nhavard@kmgslaw.com

814-923-4855

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