Insight
2023 IRS Limits Forecast - April
With inflation at 40-year highs, the next revision of IRS limits for retirement plans will affect labor costs, talent recruitment and retention efforts in 2023.
As COVID-19 spreads and financial markets react to economic slowing, the multiemployer community is attempting to come to grips with the implications on their defined benefit pension plans. On the heels of the dot-com bust from 2000-2002 and the global financial crisis in 2008, can multiemployer plans survive a third “once-in-a-lifetime” event?
Insight
With inflation at 40-year highs, the next revision of IRS limits for retirement plans will affect labor costs, talent recruitment and retention efforts in 2023.