Moneyanatomy - personal finance blog

Tuesday, April 11, 2023

Tax advantaged contributions for 2023

 



Contribution limits for 401k, 403b and most 457 plans are increased to $22,500.


For people over 50 - catch-up contributions are additional $7,500.


Traditional IRA and Roth IRA: $6,500.
For people over 50 - catch-up contributions are additional $1,000.


HSA: $3,850 for single and $7,750 for family.
For people over 55 - catch-up contributions are additional $1,000.

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