In 2024, key tax updates include adjusted income tax brackets, increased standard deductions, and higher retirement contribution limits. The 401(k) limit is now $23,000, and the gift tax exclusion remains at $15,000 per recipient. Additionally, the Saver’s Credit continues to help low- and middle-income earners save for retirement. Boston Financial Advisory Group offers guidance to he... https://bostonfagroup.com/#/navigating-tax-changes