In this video, I discuss the newly released 2024 tax brackets by the IRS, which are adjusted for inflation. I'll explain how these changes may affect you and what steps you can take to reduce your taxes and prepare for 2024. We'll go through the tax brackets, deductions, and credits, and I'll provide examples of how you can optimize your tax strategy. Understanding these details can help you keep more money in your pocket and navigate the 2024 tax year effectively. If you have any questions or find this information valuable, please subscribe to my channel for more financial insights.

0:00 Intro
0:24 2024 Tax Brackets
1:55 2024 Standard Deductions
2:34 Simple Tax Calculator
4:18 Roth Vs. Traditional Retirement plan tax example
4:45 2024 Retirement Plan Limits
5:44 Tax Credit and Deductions
7:09 Retire Early

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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™

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