Welcome back. I really appreciate you joining me for Money Girl episode 878. I'm Laura Adams,

an award-winning author, finance spokesperson, money speaker, founder of the MoneyStack, a sub-stack

newsletter, and host of Money Girl with over 43 million downloads.

We're going to talk today about some of the changes that are coming up in 2025.

And the Internal Revenue Service, or IRS, changes perks and contribution limits for various tax-advantaged accounts based on annual

inflation changes. While the inflation rate has come down, it's still high enough to result

in small adjustments that you'll be able to take advantage of starting next year. So this podcast

will review seven changes to various tax-advantaged accounts

starting in 2025. So if you want to pay less tax and save more for a secure future,

stay with me to learn more. So let's get into those seven savings and retirement rule changes

that will begin in 2025.

So now is an excellent time to adjust your savings plan to take advantage of them in the new year.

Number one is health savings account or HSA contribution limits increase.

If you purchase an HSA qualified health plan, it could be through an

employer or on your own, you can use one of the most tax-efficient accounts on the planet. It's an HSA.

Your contributions are tax deductible, and your investment earnings are never taxed if you spend

them on qualified health care expenses.

And as I mentioned, the limits are going up in 2025.

If you're single with an individual HSA qualified health plan, so it's just for yourself,

your HSA contribution limit increases from 4,150 in 2024 to 4,300 in 2025.

If you have a family health plan, so you've got a spouse or a dependent, you know, somebody

in addition to yourself on the plan, your limit increases from 8,300 in 2024 to 8,550 in 2025. Plus, if you're over

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