The silver lining to inflation? You get a big COLA increase for 401k contributions for 2023.
This week, the Internal Revenue Service (IRS) announced new 401k contribution limits for 2023. Below we've summarized the key changes.
If these increases apply to your retirement strategy, you may want to make some adjustments to your contributions. Where I can be of any help, I welcome the opportunity.
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401k Contribution Limits 2023
October 25, 2022