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Learning, Sharing, and Teaching => Investor Alley => Topic started by: DadJokes on January 04, 2022, 11:31:26 AM

Title: Don't forget to increase your 401(k) contributions for 2022!
Post by: DadJokes on January 04, 2022, 11:31:26 AM

Friendly reminder to Americans that the 401(k) maximum contribution has increased to $20,500 for 2022 (from $19,500).

HSA maximum contribution also increased this year, though I imagine that it's too late to increase contributions for most people at this point, due to open enrollment windows.

Title: Re: Don't forget to increase your 401(k) contributions for 2022!
Post by: dot on January 04, 2022, 12:58:17 PM

Quote from: DadJokes on January 04, 2022, 11:31:26 AM

HSA maximum contribution also increased this year, though I imagine that it's too late to increase contributions for most people at this point, due to open enrollment windows.

You should be able to change your contributions or make additional contributions, so it's not too late!

Title: Re: Don't forget to increase your 401(k) contributions for 2022!
Post by: cool7hand on January 04, 2022, 01:08:25 PM

Quote from: DadJokes on January 04, 2022, 11:31:26 AM

Friendly reminder to Americans that the 401(k) maximum contribution has increased to $20,500 for 2022 (from $19,500).

HSA maximum contribution also increased this year, though I imagine that it's too late to increase contributions for most people at this point, due to open enrollment windows.

Thanks!