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2023 Qualified Plan Limits Affect Year-End NQDC Deferral Decisions
myStockOptions.com Link to more items from this source
Nov. 8, 2022

"[T]he IRS changes in limits from 2022 to 2023 are much larger than they have been in recent years. However, if you've already maxed out your qualified plan contributions for 2022, you will still probably do the same in 2023, so you will need NQDC plans to defer any salary and bonus increases you expect in 2023. Also, if you believe tax increases are on the way and will affect you, you may feel a growing need to defer income."

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