New inflation-adjusted limits for 2022 IRA and retirement plan contributions have been released by the IRS. Contribution limits have risen slightly for 2022, and income thresholds have increased as well. If you want to begin planning for your 2022 contributions or to maximize your 2021 tax deferred savings, this chart will give you the amounts you can contribute and any applicable income limitations for this year and next.
Horizon Wealth Advisors is a Houston based fee-only wealth management firm. Horizon is a fiduciary advisor. We specialize in helping successful individuals and families understand, organize, and manage their often complex financial situations. Horizon offers integrated financial planning and investment management services.