2022 Retirement Contribution Limits

Here are 2022 retirement contribution limits, together with HSA limits and related figures.

Figures on this page are adjusted for inflation each year. Also available are 2022 tax brackets and other tax figures, including personal exemptions. For prior year figures, visit our Reference Room.

IRA contributions

IRA contribution limit
Under age 50 6,000
50 or older 7,000
Deduction phaseout begins (employer plan participants)
married filing jointly 109,000
single or head of household 68,000
Roth IRA contribution phaseout begins
married filing jointly 204,000
single or head of household 129,000

Employer plans

Elective deferrals (401k, 403b)
under age 50 20,500
50 or older 27,000
SIMPLE accounts
limitation 14,000

Retirement savings contribution credit

Married filing jointly
50% up to 41,000
20% up to 44,000
10% up to 68,000
Head of household
50% up to 30,750
20% up to 33,000
10% up to 51,000
Other taxpayers
50% up to 20,500
20% up to 22,000
10% up to 34,000

Social Security

Wage base
Announced by SSA 147,000

Health savings account (HSA)

Annual limitation on deductions
self-only coverage 3,650
family coverage 7,300
Minimum annual deductible
self-only coverage 1,400
family coverage 2,800
Maximum out-of-pocket expenses
self-only coverage 7,050
family coverage 14,100

More tax figures: Reference Room