Happy New Year! It’s time to dive into the many 2024 financial updates, rule changes, and deadlines optometrists need to know about.

Evon discusses:

• SECURE Act 2.0 rule changes in effect in 2024, including positive adjustments to SIMPLE IRAs and 401(k)s for optometry practices.
• Increases in contribution maximums for 401(k)s, SIMPLE IRAs, Health Savings Accounts, and IRAs.
• Two important federal student loan deadlines this year.
• Beneficial Owner Information reporting from the Corporate Transparency Act
• And more!

Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com.

Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what’s on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices.

Resources mentioned on this episode:

• The Optometry Money Podcast Ep 40: The Optometrist’s Guide to The SECURE Act 2.0
• Student Aid: The IDR Account Adjustment
• IRS 2024 Retirement Account Contribution Changes
• FinCEN Beneficial Ownership Reporting FAQs
• FinCEN BOI Small Entity Compliance Guide

The Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.