Platinum Wealth Solutions of Texas, LLC

Although the winter solstice means the start of winter, it also means the return of more sunlight. It only gets brighter from here! #winter solstice #start of winter #december

Debt may feel overwhelming, but taking a methodical and disciplined approach can help you pay it down piece by piece. These five simple steps will help you jump-start your debt repayment plan and send your debt packing—for good! https://lnkd.in/gX-FwPy

🔄 2025 IRS Update Alert! Your workplace retirement contribution limits are getting a boost. Here's what you need to know: ↗️ Basic limit: $23,500 ↗️ Age 50+ catch-up: $7,500 ⭐ NEW! Ages 60-63 super catch-up: $11,250 What this means: If you're between 60-63, you could contribute up to $34,750 in 2025! These increased limits will apply to most workplace retirement accounts, including 401(k)s, 403(b)s, and government TSPs. While IRA limits remain at $7,000 ($8,000 if you're 50+), this extra room in workplace accounts opens up new possibilities for your retirement strategy. Just keep in mind that employers will need to opt in to offer the super catch-up provision. 💪 #RetirementSavings #IRSUpdates #FinancialFuture #Retirement2025 Source: https://lnkd.in/etVPMp6b

Not all debt is created equal! There are good and bad types of debt. Knowing the difference can help you make good financial decisions. Check out these main categories of debt and how they can impact your financial situation. https://lnkd.in/gQt_U4f

December 7th, 1941 — a date which will live in infamy. We honor the memory of all of our fallen soldiers. #pearlharbor #condolences #remembrance

Do you know the warning signs of identity theft? Keep these tips in mind to protect yourself from becoming a victim. https://lnkd.in/edZ3yTMF #identitytheft #cybersecurity #onlinesafety

Giving season is upon us and it's an appropriate time for us to share some key year-end charitable giving strategies to make your money and your donations go further! Check out our latest blog post if you plan to give to charity this holiday season: https://lnkd.in/ehTK8gh6 #charitablegiving #givingseason #seasonofgiving #charitabledonations #charitableplanning #yearendplanning

Small businesses are the backbone of our economy and fund many of our lifestyles. Support a small business this weekend in honor of Small Business Saturday! #smallbusiness

Thanksgiving is a wonderful opportunity to reflect on all the good things in our lives and to cherish the family and friends who make our days brighter. With excitement for the year ahead, let's embrace a holiday season filled with the joys of love, connection, and togetherness. Wishing you a delightful Thanksgiving and a fantastic holiday season!

The IRS has released the 2025 tax brackets with a 2.8% inflation adjustment—the smallest increase in several years. Here's what's changing: ➡️ Standard deduction for married couples filing jointly rises to $30,000 ➡️ Single filers' standard deduction increases to $15,000 ➡️ Annual tax-free gift limit grows to $19,000 per recipient ➡️ Estate tax exclusion reaches $13.99 million (up from $13.61 million) ➡️ Earned Income Tax Credit maximum increases to $8,046 for qualifying families Understanding how tax brackets work remains crucial: you're only taxed at higher rates for income above each threshold, not your entire earnings. For example, if you're married filing jointly, you'll pay 10% on the first $23,850 of taxable income, then 12% on earnings above that amount. Important note: Some provisions aren't changing in 2025, including the $10,000 SALT deduction cap and the $2,000 Child Tax Credit. ⚖️ #TaxBrackets #IRSUpdate #TaxPlanning #EstateGift Source: https://lnkd.in/gJVT8gWX