These are the IRS approved annual maximum amounts you can contribute to your 401(k). Any matching funds that Reliant contributes directly from the account you are responsible for should not be included when determining the amount you can contribute.
| IRS 401(k)/Pension Plan Limits | 2022 limit | 2020/2021 Limit |
|---|---|---|
| 401(k)/403(b) Employee Deferral Limit | $20,500 | $19,500 |
401(k)/403(b) Catch-up Contribution *available in excess of the employee deferral limit, for people age 50 and older | $6,500 | $6,500 |