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IRS Announces 2022 Retirement Savings Limits

The IRS released it’s latest details on 2022 retirement savings limits, and there are a few highlights worth discussing. Normally, these numbers all move up together, but in this case, there are some specific details to watch out for. Retirement planning and tax planning go hand-in-hand, so if you’re concerned about how these details may impact your financial future, it may be a good idea to seek the help of a Certified Financial Planner™ Professional.

To view the full press release, click here: https://www.irs.gov/newsroom/irs-announces-401k-limit-increases-to-20500.

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Joshua Duvall, CFP®, RTP launched his own Registered Investment Adviser in 2017 after more than a decade in the financial industry, working for some of the world’s largest and most successful firms including LPL Financial, New York Life, and State Farm Ins. Co. Married with two children, Josh resides in Tabernacle, New Jersey and is an engaged member of his community. Josh enjoys coaching youth sports, rooting for The Ohio State Buckeyes, and sharing his passion for Jesus through biblical ministry and community service.