Limits, Contributions, Deductions – Do you know the critical updates for each in 2024?

Join Matt Nelson, CFP® & Jacob LaRue, CFP® in the latest episode of the MedTech Wealth Advisor Podcast. Together they share insights for professionals and entrepreneurs, providing essential tax planning strategies and contribution limits to set you up for success this year.

Key Highlights:

• 2024 Contribution Limits: Discover updated limits for 401(k)s and HSAs, explained for different age groups
  
• Optimal Contribution Strategy: Learn how to strategically prioritize contributions to maximize benefits
  
• Comprehensive 401(k) Limits: Gain insights into the total contribution limits, encompassing all sources
  
• Pre-Tax vs. Roth Contributions: Understand the combined contribution limits for different 401(k) types
  
• Tax Bracket Tactics: Explore how to utilize tax brackets for efficient contribution strategies
  
• Income Phase-Outs: Learn how rising income affects eligibility for savings plans
  
• Social Security and Medicare Planning: Get strategies for managing benefits and premiums based on income and age
  
• Capital Gains and Deductions: Master tactics for high earners to optimize taxes and deductions
  
• And much more!
  

Resources:

• Blog Post: Key Retirement Plan Contribution Limits for 2024
  
• Do you have a topic you’d like to learn more about on this podcast? Send us an email at mwapodcast@focusfinancial.com to let us know. We look forward to hearing from you! 
  

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