IRS Announces Record Increases in Benefit Plan Limits for 2023

By: Rebecca F. Alperin
October 24, 2022

The IRS has increased the 2023 contribution and benefit plan limits affecting retirement plans, health FSAs, and other health and fringe benefits by a record amount to account for the impact of inflation.

View our chart detailing the new limits.

Questions on the impact of the increase in limits for your company or employees should be directed to Employment / Tax Attorney Rebecca Alperin.