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Contribution Limits Changing in 2023 for MHS Defined Contribution Retirement Plan and SSS Defined Contribution Retirement Plan
The 2023 contribution limits have changed for the MHS Defined Contribution Retirement Plan – also known as the 403(b) Plan – and the SSS Defined Contribution Retirement Plan – also known as the 401(k) Plan.
The annual contribution limit is $22,500 in 2023.
The annual “catch-up” contribution limit…