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Inflation Driving Up 2023 Retirement Plan Contribution Limits

Higher consumer prices this year will likely translate into record increases to the contribution limits federal regulators place on workplace retirement plans next year. Asset management firm Mercer LLC projects a nearly 10% hike in the maximum yearly limit workers enrolled in 401(k), 403(b), and many 457 plans can make in 2023.

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Inflation Driving Up 2023 Retirement Plan Contribution Limits

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    BRN AM | Retirement Exemption Plan Is ‘Wedge’ Between Small, Big Players
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    BRN AM | Retirement Exemption Plan Is ‘Wedge’ Between Small, Big Players

    BRN AM | Retirement Exemption Plan Is ‘Wedge’ Between Small, Big Players | Austin Ramsey, Bloomberg Law | Visit www.broadcastretirementnetwork.com

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