diff --git a/README.md b/README.md
index 648f984..e753461 100644
--- a/README.md
+++ b/README.md
@@ -219,13 +219,13 @@ Available targets:
 | Name | Version |
 |------|---------|
 | <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.0.0 |
-| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 4.9.0 |
+| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 4.49.0 |
 
 ## Providers
 
 | Name | Version |
 |------|---------|
-| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 4.9.0 |
+| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 4.49.0 |
 
 ## Modules
 
@@ -317,7 +317,7 @@ Available targets:
 | <a name="input_snapshot_identifier"></a> [snapshot\_identifier](#input\_snapshot\_identifier) | Snapshot identifier e.g: rds:production-2019-06-26-06-05. If specified, the module create cluster from the snapshot | `string` | `null` | no |
 | <a name="input_stage"></a> [stage](#input\_stage) | ID element. Usually used to indicate role, e.g. 'prod', 'staging', 'source', 'build', 'test', 'deploy', 'release' | `string` | `null` | no |
 | <a name="input_storage_encrypted"></a> [storage\_encrypted](#input\_storage\_encrypted) | (Optional) Specifies whether the DB instance is encrypted. The default is false if not specified | `bool` | `true` | no |
-| <a name="input_storage_type"></a> [storage\_type](#input\_storage\_type) | One of 'standard' (magnetic), 'gp2' (general purpose SSD), or 'io1' (provisioned IOPS SSD) | `string` | `"standard"` | no |
+| <a name="input_storage_type"></a> [storage\_type](#input\_storage\_type) | One of 'standard' (magnetic), 'gp2' (general purpose SSD), 'gp3' (general purpose SSD), or 'io1' (provisioned IOPS SSD) | `string` | `"standard"` | no |
 | <a name="input_subnet_ids"></a> [subnet\_ids](#input\_subnet\_ids) | List of subnet IDs for the DB. DB instance will be created in the VPC associated with the DB subnet group provisioned using the subnet IDs. Specify one of `subnet_ids`, `db_subnet_group_name` or `availability_zone` | `list(string)` | `[]` | no |
 | <a name="input_tags"></a> [tags](#input\_tags) | Additional tags (e.g. `{'BusinessUnit': 'XYZ'}`).<br>Neither the tag keys nor the tag values will be modified by this module. | `map(string)` | `{}` | no |
 | <a name="input_tenant"></a> [tenant](#input\_tenant) | ID element \_(Rarely used, not included by default)\_. A customer identifier, indicating who this instance of a resource is for | `string` | `null` | no |
@@ -429,7 +429,7 @@ In general, PRs are welcome. We follow the typical "fork-and-pull" Git workflow.
 
 ## Copyright
 
-Copyright © 2017-2022 [Cloud Posse, LLC](https://cpco.io/copyright)
+Copyright © 2017-2023 [Cloud Posse, LLC](https://cpco.io/copyright)
 
 
 
diff --git a/docs/terraform.md b/docs/terraform.md
index bb6beb8..37a29e8 100644
--- a/docs/terraform.md
+++ b/docs/terraform.md
@@ -4,13 +4,13 @@
 | Name | Version |
 |------|---------|
 | <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.0.0 |
-| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 4.9.0 |
+| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 4.49.0 |
 
 ## Providers
 
 | Name | Version |
 |------|---------|
-| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 4.9.0 |
+| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 4.49.0 |
 
 ## Modules
 
@@ -102,7 +102,7 @@
 | <a name="input_snapshot_identifier"></a> [snapshot\_identifier](#input\_snapshot\_identifier) | Snapshot identifier e.g: rds:production-2019-06-26-06-05. If specified, the module create cluster from the snapshot | `string` | `null` | no |
 | <a name="input_stage"></a> [stage](#input\_stage) | ID element. Usually used to indicate role, e.g. 'prod', 'staging', 'source', 'build', 'test', 'deploy', 'release' | `string` | `null` | no |
 | <a name="input_storage_encrypted"></a> [storage\_encrypted](#input\_storage\_encrypted) | (Optional) Specifies whether the DB instance is encrypted. The default is false if not specified | `bool` | `true` | no |
-| <a name="input_storage_type"></a> [storage\_type](#input\_storage\_type) | One of 'standard' (magnetic), 'gp2' (general purpose SSD), or 'io1' (provisioned IOPS SSD) | `string` | `"standard"` | no |
+| <a name="input_storage_type"></a> [storage\_type](#input\_storage\_type) | One of 'standard' (magnetic), 'gp2' (general purpose SSD), 'gp3' (general purpose SSD), or 'io1' (provisioned IOPS SSD) | `string` | `"standard"` | no |
 | <a name="input_subnet_ids"></a> [subnet\_ids](#input\_subnet\_ids) | List of subnet IDs for the DB. DB instance will be created in the VPC associated with the DB subnet group provisioned using the subnet IDs. Specify one of `subnet_ids`, `db_subnet_group_name` or `availability_zone` | `list(string)` | `[]` | no |
 | <a name="input_tags"></a> [tags](#input\_tags) | Additional tags (e.g. `{'BusinessUnit': 'XYZ'}`).<br>Neither the tag keys nor the tag values will be modified by this module. | `map(string)` | `{}` | no |
 | <a name="input_tenant"></a> [tenant](#input\_tenant) | ID element \_(Rarely used, not included by default)\_. A customer identifier, indicating who this instance of a resource is for | `string` | `null` | no |
diff --git a/examples/complete/variables.tf b/examples/complete/variables.tf
index b79dcbb..5247495 100644
--- a/examples/complete/variables.tf
+++ b/examples/complete/variables.tf
@@ -51,7 +51,7 @@ variable "db_subnet_group_name" {
 
 variable "storage_type" {
   type        = string
-  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
+  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), 'gp3' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
 }
 
 variable "storage_encrypted" {
diff --git a/examples/mssql/variables.tf b/examples/mssql/variables.tf
index fea9c5c..ea12d23 100644
--- a/examples/mssql/variables.tf
+++ b/examples/mssql/variables.tf
@@ -54,7 +54,7 @@ variable "multi_az" {
 
 variable "storage_type" {
   type        = string
-  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
+  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), 'gp3' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
 }
 
 variable "storage_encrypted" {
diff --git a/variables.tf b/variables.tf
index 7e50787..f5fc83e 100644
--- a/variables.tf
+++ b/variables.tf
@@ -65,7 +65,7 @@ variable "multi_az" {
 
 variable "storage_type" {
   type        = string
-  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
+  description = "One of 'standard' (magnetic), 'gp2' (general purpose SSD), 'gp3' (general purpose SSD), or 'io1' (provisioned IOPS SSD)"
   default     = "standard"
 }
 
diff --git a/versions.tf b/versions.tf
index cc73ffd..c09f4f9 100644
--- a/versions.tf
+++ b/versions.tf
@@ -4,7 +4,7 @@ terraform {
   required_providers {
     aws = {
       source  = "hashicorp/aws"
-      version = ">= 4.9.0"
+      version = ">= 4.49.0"
     }
   }
-}
+}
\ No newline at end of file