With the policy updates to both the US Tax Code and Social Security attached are some helpful guides that can be used to provide a range of information. Both guides provide an overview on areas that include actionable information ranging from comprehensive retirement account contribution limits to updated Social Security benefit amounts based Cost-of-Living- adjustments.
2023 Social Security & Medicare Guide
“Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied on for the purpose of avoiding any tax penalties. You should discuss any tax or legal matters with the appropriate professional.”