Just Released! 2022 IRS Contribution Limits

Starting Jan. 1, 2022, you and your clients may be able to invest more thanks to an increase in the dollar limitations for some retirement-related items for the 2022 tax year. 

The defined contribution plan annual additions limit will increase from $58,000 to $61,000. 

Federal tax law places limits on the dollar amount of contributions to retirement plans and the amount of benefits under a pension plan. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases. 

If you have questions or need more information about Ameritas retirement plans, contact your Internal Wholesaler at Financial Markets Inc.