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Taxation of Compensation and Benefits
A new notice from the IRS also provides guidance on Roth matching contributions, auto enrollment plans and more.
The IRS has released its 2023 cost-of-living adjustments (COLAs) to the dollar limitations on benefits and contributions to qualified retirement and deferred contribution plans.
Some employer benefits will be more generous next year, thanks to inflation, as a result of the IRS announcement.
News: HR guidance on the taxation of compensation and benefits.