2023 Retirement Contribution Guidelines
January 12, 2023
Amidst rampant inflation, the IRS has raised the retirement account contribution limits and income requirements that govern tax deductibility. For a quick rundown on how you can maximize your retirement savings in the coming year, Hanover has provided a quick overview of the guidelines for major retirement accounts like 401(k)s and IRAs at the link below.
If you have any questions about how to best allocate your retirement contributions, please contact us for more information.