Goodman Financial Update: 2024 Tax Rates and Planning Limits
Attached is the summary of the IRS inflation adjustments to tax brackets and retirement planning limits for 2024. Additionally, Congress passed the Consolidated Appropriations Act of 2023 back in December 2022, which included a number of provisions that impact retirement planning known as “SECURE Act 2.0.” Goodman Financial has included a list of the major provisions from SECURE Act 2.0 that will go into effect beginning in 2024.