Bigger and Better 401(k) and IRA Contribution Caps in 2023

Maybe inflation isn’t all bad.  Social Security checks are going up 8.7%, you can buy a 1-year CD earning 4.5% interest, and (for those who aren’t spending every last time on more expensive groceries) we are seeing a big jump in retirement contribution limits for 2023.  To summarize:   401(k), 403(b), 457 plans:  Under age…