Although tax season has come to a close, the time for smart tax planning has just begun! In this episode, we unpack the upcoming tax updates that could affect your planning for the next few years, including changes to 401(k) contribution limits, tax deductions, and the potential benefits of using tax-advantaged accounts like HSAs.
Here’s some of what we discuss in this episode:
📊 401(k) Contribution Limits increase so you can boost your savings
💡 Catch-up Contributions may maximize your retirement savings
🏥 HSAs are a powerful tool for tax-free retirement healthcare savings
📝 Standard Deduction Updates for 2025
💼 How to make the most of tax-advantaged accounts
Get in touch with the Peterson Financial team: https://petersonfg.com/
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