As we rapidly approach 2025, it's essential to stay informed about the latest changes in retirement contribution limits and tax brackets. In this episode, Mike will update you on what adjustments are being made to key pension and retirement plan limits, providing listeners with the knowledge needed to maximize their retirement savings.

Learn how to maximize your contributions and understand the implications of these changes for your financial planning. Staying updated on these contribution and tax changes is vital for effective retirement planning. By tuning into this epi-sode, you'll gain valuable insights into how these updates can influence your financial strategy for 2025 and beyond.

Here’s some of what we discuss in this episode:
0:00 – Intro
1:13 – 401k contributions
2:47 – IRA limits
3:27 – Standard tax deductions
4:17 – Tax bracket income thresholds
5:14 – Social Security COLA increase
6:37 – Impact on planning

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