The following “Key Numbers” document highlights changes to tax reference numbers for 2023. Contribution limits for retirement accounts and HSA accounts have increased for 2023:
Furthermore, those individuals who contribute to a Colorado College Invest 529 plan in 2023 can fund an account up to:
- $20,700 for single filers per beneficiary per year
- $31,000 for joint filers, per beneficiary per year
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Peak Asset Management, LLC is an SEC registered investment adviser. This is not an offer to buy or sell securities. Past performance is not indicative of current or future performance and is not a guarantee. The purpose of this content is solely informational and does not constitute investment and/or tax advice. The information set forth herein was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy.
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