The IRS has increased the 401(k) plan contribution limits for 2023

The IRS has increased the 401(k) plan contribution limits for 2023.

Millions of Americans can save more in their retirement accounts in 2023 due to inflation adjustment increases to contribution limits recently updated by the Internal Revenue Service. The higher limit contributions offer significant savings opportunities. Please see our updated fact sheet for more details.

Please see our updated Retirement Plan Limits Fact Sheet

Don’t miss out on this great opportunity to save more for retirement.

We encourage you to take advantage of these additional savings to ensure you are set up for success in retirement. We understand that every financial journey is unique and includes personal choices that have significant consequences. If you want a second pair of eyes on your financial plan or to get started, please schedule a complimentary consultation.

The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.