2022-23 Retirement Contribution Limits
Now is the time to make IRA contributions for 2022. This includes Roth, SEP, and Traditional IRA's. Any contributions made before April 18, 2023*, may mean an additional deduction or credit on your 2022 tax liability if you have not yet met the maximum contribution level (typically $6,000 for those under 50, or $7,000 for those older than 50).
For those with bank information on file, we can process your contributions online or over the phone - if not, contact us for further instructions.
Contact our office if you’d like more information about reducing your 2022 tax liability. If you would like to open an IRA or make changes to your retirement plan, let’s talk.
*Financial markets are closed April 15,2023. Please submit your contributions by April 18, 2023.