{"id":294,"date":"2021-11-16T21:41:00","date_gmt":"2021-11-17T07:41:00","guid":{"rendered":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/?p=294"},"modified":"2022-06-03T21:41:55","modified_gmt":"2022-06-04T07:41:55","slug":"irs-releases-2022-guidelines-for-401k-and-pension-plans","status":"publish","type":"post","link":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/news-and-information\/irs-releases-2022-guidelines-for-401k-and-pension-plans\/","title":{"rendered":"IRS Releases 2022 Guidelines for 401(k) and Pension Plans"},"content":{"rendered":"\n<p>The Internal Revenue Service (IRS) has released 2022 guidelines for 401(k) and pension plans, effective January 1, 2022, which include the following:<\/p>\n\n\n\n<ul><li>Employee individual contribution limit to 401(k) plans, as well as 403(b) and most 457 plans, will increase to $20,500, up from $19,500 in 2021.<ul><li>Annual catch-up contribution limit for employees aged 50 and older remains at $6,500<\/li><\/ul><\/li><li>The limit on total employer-plus-employee contributions to defined contribution plans will increase to $61,000, up from $58,000 in 2021<\/li><\/ul>\n\n\n\n<p>For more information and technical guidance, see&nbsp;<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/n-21-61.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">IRS Notice 2021-61<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service (IRS) has released 2022 guidelines for 401(k) and pension plans, effective January 1, 2022, which include the following: Employee individual contribution limit to 401(k) plans, as well as 403(b) and most 457 plans, will increase to $20,500, up from $19,500 in 2021. Annual catch-up contribution limit for employees aged 50 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/posts\/294"}],"collection":[{"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/comments?post=294"}],"version-history":[{"count":1,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/posts\/294\/revisions"}],"predecessor-version":[{"id":295,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/posts\/294\/revisions\/295"}],"wp:attachment":[{"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/media?parent=294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/categories?post=294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.skyloft.dev\/hosted-clients\/esandalaw\/wp-json\/wp\/v2\/tags?post=294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}