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2023 Brings Changes to the Laws on Employee Benefit Plans

January 17, 2023

The Consolidated Appropriations Act of 2023 (“Act”) was passed by Congress in late December 2022 and signed by President Biden on December 29, 2022.  The Act, a $1.7 trillion dollar spending bill, contains provisions which modify the laws applicable to welfare benefit plans and retirement benefit plans.  Below is a high-level list of the provisions of the Act which are effective in 2023 and which may affect your plan:

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