---
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
---

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# [Retirement Plan Contribution Limits for 2023 - RMC Group](https://rmcgp.com/blog/2022/10/24/retirement-plan-contribution-limits-for-2023)

 Written by [RMC Group](https://rmcgp.com/blog/author/rmc-group) | Oct 24, 2022 9:13:03 PM

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/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).

[View full post](https://rmcgp.com/blog/2022/10/24/retirement-plan-contribution-limits-for-2023)

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