The IRS has increased contribution limits for 2025, and since it is a new year, let's bring a fresh start to our money.

This is a really perfect time to check in with your investing.

So today I'm going to share how to invest the right way in 2025 and stick around because at the end, I'm sharing one thing that I never recommend you invest in.

Now, before we get started, make sure to subscribe and maybe share this episode with a friend who loves a great investing tip.

So as I mentioned, let's go over some updated numbers so you can be aware.

So the IRA limit is $7,000, which is the same limit of contributions that was in 2024.

The IRA catch-up limit for people over 50 is an extra $1,000, which was the same in 2024.

The 401K limit has increased, but by only $500.

So now it's at $23,500 for 2025.

For single taxpayers and married people filing separately,

the standard deduction is rising to $15,000, which is up $400.

Couples filing jointly, standard deduction is now $30,000, which is an $800 increase from 2024.

Heads of household will get $22,500 as a standard deduction, and that is a $600 increase from 2024. So some great standard

deductions. And when it comes to tax time, you guys, that is something to look into. So instead

of itemizing your taxes, maybe you just take that standard deduction, and you may get more out of that

than itemizing. All right, another stat that I saw recently is that 89% of employers offer a

company match now, which is great news, because a little over 10 years ago in 2013,

it was about 58%. And I always think this is great. This is definitely, you know, a benefit that

companies give you. It's not required, but it is a great benefit for people

that are investing in retirement. When your employer can match you a certain percentage,

it's basically free money going into your retirement. So thank you employers out there who do that

because I think it's wonderful. All right, now let's go over specifics for investing this year.

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