2024 New Rates and Contribution Limits

Navigating Legislative Changes for 2024

Here we will delve into the crucial legislative changes affecting your finances in 2024. As we step into a new year, it’s essential to stay informed about the adjustments that could impact your financial planning and strategy. This video includes the latest updates and how they can influence your path to financial happiness.

What’s in this video:

  • IRA Updates: We start by exploring the new limits for Traditional and Roth IRAs, providing you with the insights needed to maximize your retirement savings effectively.
  • 401(k) Changes: Next, we cover the adjustments to 401(k) contribution limits, ensuring you’re equipped to plan your retirement contributions strategically.
  • RMD Age Shifts: Stay ahead with our detailed analysis of the changes in Required Minimum Distribution (RMD) ages, and understand how this affects your retirement planning.
  • SEP Enhancements: For the self-employed and small business owners, we dive into the updates on Simplified Employee Pension (SEP) limits. 
  • Gifting Limits Overview: Learn about the new gifting limits for individuals and married couples, an essential piece of information for estate planning and wealth transfer strategies.
  • Estate Tax Adjustments: We break down the latest in estate tax changes, providing clarity on how these could influence your estate planning decisions.
  • 2024 Income Tax Brackets: Get ahead with our analysis of the income tax brackets for 2024, helping you understand your tax liabilities and planning opportunities.
  • Cost of Living Adjustments (COLA): Discover how the cost of living adjustments will affect your financial planning, from retirement accounts to tax considerations.
  • 529 Plan Updates: Lastly, we cover the modifications to 529 college savings plans, ensuring you’re prepared to support your loved one’s educational aspirations in the most efficient way possible.

Staying informed is key to navigating the complexities of financial planning. Our goal is to empower you with the knowledge and tools needed to make informed decisions, leading you towards your own version of financial happiness. Remember, we’re here to guide you every step of the way. Whether you’re adjusting your retirement plans, planning for your estate, or saving for education, our expert insights are designed to help you adapt and thrive in 2024.


All information herein has been prepared solely for information purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Past performance is no indication of future performance.