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An Updated Forecast of 2023 IRS Limits
Milliman Link to more items from this source
June 16, 2022

"Inflation in the 12 months ending May 31, 2022, was 8.6% as reported by BLS on June 10, 2022. With only four months remaining for federal fiscal year 2022, [the authors forecast] the 2023 IRS limits could set a record one-year increase, both in dollars and percentage, even if inflation transitions to 3.0% annually (0.25% per month) for June through September 2022."

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