wealthdart.com Rahul Paragi
Contribution limits for 401(k)s, 403(b)s, 457(b)s, IRAs, Roth IRAs, HSAs, FSAs, SIMPLE IRAs, and SEP-IRAs are all indexed to inflation.
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Inflation has exploded in the first half of 2022, all the way up to 9.1% in July, so the 2023 contribution limits for many of these accounts will be increased.
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