Retirement Planning Key Numbers for 2022

As we begin 2022, we offer the updated IRS 2022 dollar limits and thresholds for retirement plans, which reflect the latest cost-of-living adjustments. These numbers will affect retirees and retirement savers, with updates to tax rates, deductions, contributions, and an increase in Social Security benefits. 

Please see the table below, which compares the 2021 and 2022 numbers.