TomD8
Level 15

Retirement tax questions

The very next sentence in the IRS reference you gave says: "This limit increases to $73,500 for 2023; $67,500 for 2022; $64,500 for 2021; and $63,500 for 2020 if you include catch-up contributions." 

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sha....

**Answers are correct to the best of my ability but do not constitute tax or legal advice.