diff --git a/.github/workflows/lock.yml b/.github/workflows/lock.yml
index d887a66..6b6c9ce 100644
--- a/.github/workflows/lock.yml
+++ b/.github/workflows/lock.yml
@@ -8,7 +8,7 @@ jobs:
   lock:
     runs-on: ubuntu-latest
     steps:
-      - uses: dessant/lock-threads@v3
+      - uses: dessant/lock-threads@v4
         with:
           github-token: ${{ secrets.GITHUB_TOKEN }}
           issue-comment: >
diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index d2556e0..68c0179 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -25,7 +25,7 @@ jobs:
           fetch-depth: 0
 
       - name: Release
-        uses: cycjimmy/semantic-release-action@v2
+        uses: cycjimmy/semantic-release-action@v3
         with:
           semantic_version: 18.0.0
           extra_plugins: |
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 321a044..bcd6019 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,17 @@
 
 All notable changes to this project will be documented in this file.
 
+## [2.0.0](https://github.com/terraform-aws-modules/terraform-aws-memory-db/compare/v1.1.2...v2.0.0) (2023-08-11)
+
+
+### ⚠ BREAKING CHANGES
+
+* Add support for data tiering attribute, bump minimum supported versions of Terraform and AWS provider (#5)
+
+### Features
+
+* Add support for data tiering attribute, bump minimum supported versions of Terraform and AWS provider ([#5](https://github.com/terraform-aws-modules/terraform-aws-memory-db/issues/5)) ([1c94464](https://github.com/terraform-aws-modules/terraform-aws-memory-db/commit/1c94464a0b18e4355988b776973f64cf6f76625a))
+
 ### [1.1.2](https://github.com/terraform-aws-modules/terraform-aws-memory-db/compare/v1.1.1...v1.1.2) (2022-11-07)
 
 
diff --git a/README.md b/README.md
index 318f075..ca128a7 100644
--- a/README.md
+++ b/README.md
@@ -117,14 +117,14 @@ Examples codified under the [`examples`](https://github.com/terraform-aws-module
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 0.13.1 |
-| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 3.71 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.0 |
+| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 5.0 |
 
 ## Providers
 
 | Name | Version |
 |------|---------|
-| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 3.71 |
+| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 5.0 |
 
 ## Modules
 
@@ -154,6 +154,7 @@ No modules.
 | <a name="input_create_parameter_group"></a> [create\_parameter\_group](#input\_create\_parameter\_group) | Determines whether to create parameter group specified | `bool` | `true` | no |
 | <a name="input_create_subnet_group"></a> [create\_subnet\_group](#input\_create\_subnet\_group) | Determines whether to create subnet group specified | `bool` | `true` | no |
 | <a name="input_create_users"></a> [create\_users](#input\_create\_users) | Determines whether to create users specified | `bool` | `true` | no |
+| <a name="input_data_tiering"></a> [data\_tiering](#input\_data\_tiering) | Must be set to `true` when using a data tiering node type | `bool` | `null` | no |
 | <a name="input_description"></a> [description](#input\_description) | Description for the cluster. Defaults to `Managed by Terraform` | `string` | `null` | no |
 | <a name="input_engine_version"></a> [engine\_version](#input\_engine\_version) | Version number of the Redis engine to be used for the cluster. Downgrades are not supported | `string` | `null` | no |
 | <a name="input_final_snapshot_name"></a> [final\_snapshot\_name](#input\_final\_snapshot\_name) | Name of the final cluster snapshot to be created when this resource is deleted. If omitted, no final snapshot will be made | `string` | `null` | no |
diff --git a/examples/complete/README.md b/examples/complete/README.md
index 9cb78a1..0a7e475 100644
--- a/examples/complete/README.md
+++ b/examples/complete/README.md
@@ -25,15 +25,15 @@ Note that this example may create resources which will incur monetary charges on
 
 | Name | Version |
 |------|---------|
-| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 0.13.1 |
-| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 3.71 |
+| <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.0 |
+| <a name="requirement_aws"></a> [aws](#requirement\_aws) | >= 5.0 |
 | <a name="requirement_random"></a> [random](#requirement\_random) | >= 3.0 |
 
 ## Providers
 
 | Name | Version |
 |------|---------|
-| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 3.71 |
+| <a name="provider_aws"></a> [aws](#provider\_aws) | >= 5.0 |
 | <a name="provider_random"></a> [random](#provider\_random) | >= 3.0 |
 
 ## Modules
@@ -43,7 +43,7 @@ Note that this example may create resources which will incur monetary charges on
 | <a name="module_memory_db"></a> [memory\_db](#module\_memory\_db) | ../.. | n/a |
 | <a name="module_memory_db_disabled"></a> [memory\_db\_disabled](#module\_memory\_db\_disabled) | ../.. | n/a |
 | <a name="module_security_group"></a> [security\_group](#module\_security\_group) | terraform-aws-modules/security-group/aws | ~> 4.0 |
-| <a name="module_vpc"></a> [vpc](#module\_vpc) | terraform-aws-modules/vpc/aws | ~> 3.0 |
+| <a name="module_vpc"></a> [vpc](#module\_vpc) | terraform-aws-modules/vpc/aws | ~> 4.0 |
 
 ## Resources
 
diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index 4976521..987ef5f 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -32,9 +32,10 @@ module "memory_db" {
 
   engine_version             = "6.2"
   auto_minor_version_upgrade = true
-  node_type                  = "db.t4g.small"
+  node_type                  = "db.r6gd.xlarge"
   num_shards                 = 2
   num_replicas_per_shard     = 2
+  data_tiering               = true
 
   tls_enabled              = true
   security_group_ids       = [module.security_group.security_group_id]
@@ -94,7 +95,7 @@ module "memory_db" {
 
 module "vpc" {
   source  = "terraform-aws-modules/vpc/aws"
-  version = "~> 3.0"
+  version = "~> 4.0"
 
   name = local.name
   cidr = "10.99.0.0/18"
diff --git a/examples/complete/versions.tf b/examples/complete/versions.tf
index e5cf39d..5d81057 100644
--- a/examples/complete/versions.tf
+++ b/examples/complete/versions.tf
@@ -1,10 +1,10 @@
 terraform {
-  required_version = ">= 0.13.1"
+  required_version = ">= 1.0"
 
   required_providers {
     aws = {
       source  = "hashicorp/aws"
-      version = ">= 3.71"
+      version = ">= 5.0"
     }
     random = {
       source  = "hashicorp/random"
diff --git a/main.tf b/main.tf
index 0c56847..ea9dcea 100644
--- a/main.tf
+++ b/main.tf
@@ -27,6 +27,7 @@ resource "aws_memorydb_cluster" "this" {
   num_shards                 = var.num_shards
   num_replicas_per_shard     = var.num_replicas_per_shard
   parameter_group_name       = local.parameter_group_name
+  data_tiering               = var.data_tiering
 
   acl_name           = local.acl_name
   kms_key_arn        = var.kms_key_arn
diff --git a/variables.tf b/variables.tf
index d146c51..6f59ad2 100644
--- a/variables.tf
+++ b/variables.tf
@@ -128,6 +128,12 @@ variable "final_snapshot_name" {
   default     = null
 }
 
+variable "data_tiering" {
+  description = "Must be set to `true` when using a data tiering node type"
+  type        = bool
+  default     = null
+}
+
 ################################################################################
 # User(s)
 ################################################################################
diff --git a/versions.tf b/versions.tf
index 457a4cc..ddfcb0e 100644
--- a/versions.tf
+++ b/versions.tf
@@ -1,10 +1,10 @@
 terraform {
-  required_version = ">= 0.13.1"
+  required_version = ">= 1.0"
 
   required_providers {
     aws = {
       source  = "hashicorp/aws"
-      version = ">= 3.71"
+      version = ">= 5.0"
     }
   }
 }