diff --git a/Gemfile.lock b/Gemfile.lock
index aaa8385..cdae329 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -19,7 +19,7 @@ GEM
       mini_portile2 (~> 2.8.2)
       racc (~> 1.4)
     racc (1.8.1)
-    rake (13.0.6)
+    rake (13.3.1)
     rspec (3.13.1)
       rspec-core (~> 3.13.0)
       rspec-expectations (~> 3.13.0)
@@ -42,7 +42,7 @@ PLATFORMS
 DEPENDENCIES
   byebug (~> 11.1.3)
   ofx!
-  rake (~> 13.0.6)
+  rake (~> 13.3.1)
   rspec (~> 3.10)
 
 BUNDLED WITH
diff --git a/ofx.gemspec b/ofx.gemspec
index 2471666..6e8ce72 100644
--- a/ofx.gemspec
+++ b/ofx.gemspec
@@ -26,7 +26,7 @@ Gem::Specification.new do |s|
 
   s.add_dependency 'nokogiri', '>= 1.13.1', '< 1.19.2'
   s.add_development_dependency 'byebug', '~> 11.1.3'
-  s.add_development_dependency 'rake', '~> 13.0.6'
+  s.add_development_dependency 'rake', '~> 13.3.1'
   s.add_development_dependency 'rspec', '~> 3.10'
   s.add_dependency 'erb', '~> 4.0.4'
   s.add_dependency 'stringio', '~> 3.1.7'