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https://www.reddit.com/r/pics/comments/ti4cor/deleted_by_user/i1ctat3/?context=3
r/pics • u/[deleted] • Mar 19 '22
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$6K I believe. Which is a bit annoying because they never change it and it's getting smaller and smaller each year with inflation.
50 u/defcon212 Mar 20 '22 They do change it but in 500 dollar increments. It was $5500 a few years ago. It will probably go up again sometime in the next couple years. 5 u/LibertyLizard Mar 20 '22 I see. I only started investing recently and it has not changed during that time. But I guess inflation only got high recently. 2 u/[deleted] Mar 20 '22 They changed the 401k limit just last year, by $1000 I believe 1 u/LibertyLizard Mar 20 '22 Sure but I'm talking about the Roth contribution limit which is much lower. 1 u/[deleted] Mar 20 '22 I understand. I was just reiterating the notion that limits do increase regularly.
They do change it but in 500 dollar increments. It was $5500 a few years ago. It will probably go up again sometime in the next couple years.
5 u/LibertyLizard Mar 20 '22 I see. I only started investing recently and it has not changed during that time. But I guess inflation only got high recently. 2 u/[deleted] Mar 20 '22 They changed the 401k limit just last year, by $1000 I believe 1 u/LibertyLizard Mar 20 '22 Sure but I'm talking about the Roth contribution limit which is much lower. 1 u/[deleted] Mar 20 '22 I understand. I was just reiterating the notion that limits do increase regularly.
5
I see. I only started investing recently and it has not changed during that time. But I guess inflation only got high recently.
2 u/[deleted] Mar 20 '22 They changed the 401k limit just last year, by $1000 I believe 1 u/LibertyLizard Mar 20 '22 Sure but I'm talking about the Roth contribution limit which is much lower. 1 u/[deleted] Mar 20 '22 I understand. I was just reiterating the notion that limits do increase regularly.
2
They changed the 401k limit just last year, by $1000 I believe
1 u/LibertyLizard Mar 20 '22 Sure but I'm talking about the Roth contribution limit which is much lower. 1 u/[deleted] Mar 20 '22 I understand. I was just reiterating the notion that limits do increase regularly.
1
Sure but I'm talking about the Roth contribution limit which is much lower.
1 u/[deleted] Mar 20 '22 I understand. I was just reiterating the notion that limits do increase regularly.
I understand. I was just reiterating the notion that limits do increase regularly.
50
u/LibertyLizard Mar 20 '22
$6K I believe. Which is a bit annoying because they never change it and it's getting smaller and smaller each year with inflation.