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2022 IRA Contributions


Make the most of your retirement savings by contributing the maximum yearly limit to your IRAs. For the 2022 tax year, you can contribute an aggregated amount of $6,000 to Traditional or Roth IRAs. If you are over age 50, you can contribute an additional $1,000 “catch-up” contribution.

Please submit your IRA contribution in advance of the tax filing deadline to allow plenty of time to complete the necessary paperwork.

IRA contributions for 2022 can be made until the tax filing deadline on April 18, 2023. Please consult your tax advisor or financial advisor with questions about your individual tax circumstances.

If you don’t have an IRA, you can get started today at SLFCU offers Traditional or Roth IRAs, Education Savings Accounts, and IRA Certificates. Open your IRA account with as little as $5.

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