Headline: IRS raises contribution limits for retirement savings plans
Publication: The San Diego Tribune
Article Date: October 21, 2022
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will be $22,500. That’s up from $20,500 this year. Read More…