Maximize Retirement & Tax Savings Before Year-End

As the year draws to a close, make smart financial moves to set yourself up for 2026. Boost your workplace retirement plan contributions to lower your tax bill. The One Big, Beautiful Bill Act offers additional savings, like an expanded standard deduction for those aged 65 and over. Dont forget about your Flexible Spending Account, as any leftover money might be forfeited. The new tax law also temporarily increases the SALT deduction cap, but many may find it more beneficial to stick with the standard deduction. Review your financial situation now to make a difference in the new year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.