Happy New Year! Congress Gifts SECURE 2.0 A key change in legislation just before the end of the year was congress passing the Consolidated Appropriations Act of 2023, which included the SECURE Act 2.0. Ed Slott and Company has featured a great article about some of the highlights of SECURE 2.0, the article is from...Read More
New Retirement Contribution Limits for 2023 Near-record levels. The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Individual Retirement Accounts (IRAs). IRA contribution limits are up $500 in 2023 to $6,500. Catch-up contributions for those...Read More
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