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2024 Contribution Limits & Other Changes Thumbnail

2024 Contribution Limits & Other Changes

It’s hard to believe we are getting close to wrapping up another year. As we get closer to 2024, it is important for investors and retirement savers to stay informed about the changes affecting their financial planning strategies. A few significant aspects to consider are the adjustments to contribution limits for retirement plans, HSA’s, gifting and updates to Social Security and Medicare.

Here are the updated numbers for you to keep in your back pocket. Or, as you know, you can always call us! Cheers to a safe and happy holiday season!

Authored by Stephen Blahovec and Michael Rausch of North River Wealth Advisors.  We are an independent, fee-only financial planning and investment management firm located in Pittsburgh, PA servicing clients locally and across the country.  To learn more, contact us here.

This content is developed by North River Wealth Advisors from sources believed to be providing accurate information. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.