#35 - Financial Milestones and Numbers to Know for 2024

In this episode with Paul and Garrett, we delve into the important financial dates, milestones, and numbers you must be aware of for 2024. From tax brackets to retirement plan contributions, we cover various topics designed to help you plan, keep, and grow your wealth for a successful future. Whether it's understanding age-related changes or navigating tax season, we've got the insights you need.Key Points From This EpisodeSignificant financial changes tied to specific birthdaysUnderstanding 2024 tax brackets and implicationsThe significance of ages 50, 59.5, 62, and 65 in financial planningRetirement planning with catch-up contributionsNavigating Social Security benefits and reverse mortgagesMedicare eligibility considerations and planning for healthcareThe impact of reaching full retirement age on financesLong-term capital gains and income tax brackets for 2024Maximizing contributions to Health Savings AccountsEstate and gift tax exemptions and implications for 2024Strategies for Roth conversions and minimizing lifetime taxesWant to learn more? Contact us hereUseful LinksGarrett on LinkedInPaul on LinkedInAscend Investment Partners