The maximum contribution Dallas can make to his 401(k) plan in 2022 is $19,500.
The maximum contribution that Dallas can make to his 401(k) plan in 2022 depends on the annual contribution limit set by the IRS. As of 2021, the contribution limit for individuals under the age of 50 is $19,500.
However, individuals who are 50 years or older can take advantage of catch-up contributions, which allow them to contribute an additional amount on top of the regular limit. For 2022, the catch-up contribution limit for individuals 50 years or older is $6,500.
In Dallas's case, since he is 44 years old, he is not eligible for catch-up contributions. Therefore, the maximum contribution he can make to his 401(k) plan in 2022 is $19,500.