IRS Announces 2022 Contribution and Benefit Limits for Retirement Plans The IRS has announced the 2022 cost-of-living adjustments to the dollar limitations for defined benefit and defined contribution plans. Here is a comparison of the 2021 limits and the new limits effective January 1, 2022: Limit 2021 2022 Defined Contribution Plans (Including employee deferral and employer contributions) $58,000 $61,000 403(b) Elective Deferrals (always on a calendar-year basis) $19,500 $20,500 457(b) Plans (Including employee deferral and employer contributions) $19,500 $20,500 15-Year Catch-Up for 403(b) Plans (Lifetime maximum $15,000) $3,000 $3,000 Catch-Up Contribution (age 50 or over) Not available in non-governmental 457(b) Plans $6,500 $6,500 Annual Compensation Limit (100% of compensation if less than dollar limit – limits different for Puerto Rico) $290,000 $305,000 Highly Compensated Employee $130,000 $135,000

PlanConnect, LLC is a wholly owned subsidiary of Equitable Holdings, Ins an indirect subsidiary of Equitable Holdings, Inc. PlanConnect^® Connect2Remit^®, Connect2Comply^®, Connect2Maintain^®, and Connect2Achieve^® are registered service marks of Equitable Holdings, Inc. PlanConnect may not be available in all states. Equitable Holdings, Inc. and its family of companies do not provide tax advice. Please consult with your tax advisor regarding your particular circumstances. Each company is affiliated. Equitable Holdings, Inc. is located at 1345 Avenue of the Americas, New York, NY 10105, (212) 544-1234.

PlanConnect, LLC is located at 100 Madison Street, Syracuse, NY 13202, (800) 923-6669.

This message is not intended to convey legal or tax advice, nor can it be used to avoid the payment of income taxes or penalties assessed by any US tax authority.