RETIREMENT PLAN LIMITS – 401Ks and IRAs

401 K and 403b contribution limits are going up to $22,500 for 2023 and the IRA contribution limit is rising to $6,500. The catch-up provisions for anyone over 50 can add up to $7,500 to the 401K and 403b and $1,000 to an IRA – traditional or Roth. The income ceilings for contributions are going...

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