As you plan for your retirement goals in 2025, it’s important to identify opportunities to maximize your
retirement savings. Whether you’re looking to lower your taxable income this year or set yourself up for a
comfortable retirement, understanding the updated contribution limits for 2025 can help you optimize your strategy.

Thanks to recent inflation adjustments, you may have the opportunity to contribute more to your company plans and IRAs, depending on your income, age, and the type of accounts you hold. Plus, you can make contributions for 2024 up until Tax Day to help maximize your savings.

To find out how much you can contribute to your retirement account(s), click here to download “2025
Retirement Plan Contribution Limits.”

Have additional questions about funding your retirement account(s)? Contact our office at 517-435-4040 or questions@richmondbrothers.com to schedule a visit. We are happy to help guide you!