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Compass
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Forecast of 2023 Internal Revenue Code Retirement Plan Limits
Milliman Sept. 16, 2022 "[The Milliman] final prediction is that for 2023: The compensation limit will increase to $330,000 ($25,000 more than in 2022). The highly compensated employee (HCE) dollar limit will increase to $150,000 ($15,000 more). The individual elective contributions limit will increase to $22,500 ($2,000 more). The sum of individual and employer contribution limits will increase to $66,000 ($5,000 more)." |
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