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Reply to "401k savings limit to increase in 2023"
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[quote=Anonymous][quote=Anonymous]The IRS is increasing the limits for 401k, 403b, etc up to $22,500 next year and the IRA limit is increasing from $6,000 to $6,500. Good news for those who want to save more pre-tax next year. https://apnews.com/article/government-and-politics-business-441920f23fee68afd8a389470ab28013[/quote] And catch up is going up to 7500. For older folks, total of 30k per year.[/quote]
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