Background

Federal law sets annual limits on various tax-preferred employee benefit plans. The following chart compares the 2021 and 2022 limits for the most common types of plans and benefits:

 


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EPIC offers this material for general information only. EPIC does not intend this material to be, nor may any person receiving this information construe or rely on this material as, tax or legal advice. The matters addressed in this document and any related discussions or correspondence should be reviewed and discussed with legal counsel prior to acting or relying on these materials.

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