2022 Retirement Plan Contribution Limits
Plan Type	Under Age 50	Over Age 50
401(k), 403(b), most 457, Salary Reduction SEP	$20,500	$27,000
SIMPLE	$14,000	$17,000
IRA (Traditional/Roth)	$6,000	$7,000
Phase Outs	Phase Out Range
Traditional IRA Deduction Phase Outs:	Modified Adjustment Income
Married Filing Joint	$109,000	$129,000
Married Filing Joint - One Spouse is Covered at Work	$204,000	$214,000
Single Or Head of Household	$68,000	$78,000
Married or Filing Separately		$10,000
Roth IRA Contribution Phase Outs:	Modified Adjustment Income
Married Filing Joint	$204,000	$214,000
Single	$129,000	$144,000
Employer-sponsored plans may have additional contribution limits. Not all employer plans allow the higher contributions amount for those aged 50 and older.The IRA limitation caps a person's combined contributions to traditional and Roth IRAs for the year.