--- title: Retirement Plan Contribution Limits for 2023 - RMC Group description: Most employee benefits are subject to dollar limits that are adjusted annually based on inflation. Here are the contribution limits for 2023 image: https://rmcgp.com/hubfs/Imported_Blog_Media/2022-Pension-Limits-1.png --- [ ← Back to Blog ](https://rmcgp.com/blog) # Retirement Plan Contribution Limits for 2023 Written By RMC Group Published on: October 24, 2022 ![Retirement Plan Contribution Limits for 2023](https://rmcgp.com/hubfs/Imported_Blog_Media/2022-Pension-Limits-1.png) Most employee benefits are subject to dollar limits that are adjusted annually based on inflation. The Internal Revenue Service (IRS) recently issued Notice 2022-55, which provides cost-of-living adjustments to the annual dollar limits for various qualified retirement plan for 2023. Unlike years when inflation is low, most limits will be increasing for plan years effective January 1, 2023. ### Contribution Limits for 2023 [![](https://rmcgp.com/hs-fs/hubfs/Imported_Blog_Media/Contribution-Limits-for-2023.png?width=1405&height=1678&name=Contribution-Limits-for-2023.png)](https://rmcgp.com/hubfs/Imported_Blog_Media/Contribution-Limits-for-2023.png) ### **Plan Ahead** Employers may need to update their retirement plan designs in order to reflect the new 2023 limits. They should also communicate the new plan limits to their employees. [Click here ](https://www.irs.gov/pub/irs-drop/n-22-55.pdf)to read the full IRS announcement. Questions? Contact RMC Group today to speak with an [RMC Group Retirement Specialist](https://rmcgp.com/retirement-planning/) at 239-298-8210 or [rmc@rmcgp.com](mailto:rmc@rmcgp.com). ## Related Blog Posts [![Closing the Gap: What Women's Retirement Security Day Means for Your Future](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header-Jul-08-2026-07-55-51-4334-PM.png) ](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) ### [Closing the Gap: What Women's Retirement Security Day Means for Your Future](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) On Women’s Retirement Security Day, we spotlight the retirement savings gap between women and men—and what you can do about it. Building a secure retirement isn't easy for anyone. But for women, the... [Read More](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) [![The IRS Announces Health Plan Limits For 2027](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header%20(2)-Jun-01-2026-09-11-11-7643-PM.png) ](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) ### [The IRS Announces Health Plan Limits For 2027](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) On May 29, 2026, the IRS issued Rev. Proc. 2026-24 in which it announced cost-of-living adjustments for Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs) and excepted benefit... [Read More](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) [![What Happens to Your Retirement Plan When You Sell Your Business?](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header%20(1)-May-28-2026-04-06-00-2941-PM.png) ](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) ### [What Happens to Your Retirement Plan When You Sell Your Business?](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) A clear summary of your options, obligations, and next steps for protecting your retirement savings through a business sale Selling your business is one of the most significant financial events of... [Read More](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) 1004 Collier Center Way #206 Naples, FL 34110 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "RMC Group", "url" : "https://rmcgp.com/blog/author/rmc-group" }, "dateModified" : "2024-07-30T13:58:32.460Z", "datePublished" : "2022-10-24T21:13:03.000Z", "headline" : "Retirement Plan Contribution Limits for 2023 - RMC Group", "image" : [ "https://rmcgp.com/hubfs/Imported_Blog_Media/2022-Pension-Limits-1.png" ], "mainEntityOfPage" : { "@id" : "https://rmcgp.com/blog/2022/10/24/retirement-plan-contribution-limits-for-2023", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://rmcgp.com/hubfs/RMC_Group_Logo_%5BYW.BL.NA%5D.svg" }, "name" : "RMC Group" } } ```