---
title: "2024 Retirement Guide"
source: https://www.perissosprivatewealth.com/insights/2024-retirement-guide
publisher: Perissos Private Wealth Management
published: 2024-05-04T15:16:21.81819+00:00
updated: 2026-05-06T19:29:38.256401+00:00
topics: 2024 retirement planning guide, retirement income strategies oklahoma, 401k contribution limits 2024, bethany fiduciary financial advisor, roth conversion rules 2024, secure 2.0 act updates
license: Educational content. Cite with attribution. Not personalized financial, tax, or legal advice.
---

# 2024 Retirement Guide

2024 Retirement Guide from Perissos Private Wealth: tax-smart withdrawal strategies, Social Security timing, and building durable retirement income.



## Frequently asked questions

### What are the 2024 retirement contribution limits?

The IRS increased 401(k) contribution limits to $23,000 for 2024, with an additional $7,500 catch-up contribution allowed for those aged 50 and older. IRA limits also rose to $7,000, or $8,000 for those eligible for catch-up contributions.

### How have RMD rules changed for 2024?

Recent SECURE 2.0 legislation has moved the RMD starting age to 73 for those reaching age 72 after December 31, 2022. This allows retirement assets more time to potentially grow tax-deferred before mandatory withdrawals begin.

### What are the most effective retirement planning strategies for 2024?

Key strategies for 2024 include maximizing employer-sponsored plan contributions, evaluating Roth conversion opportunities, and adjusting asset allocation to account for current inflation and interest rate trends. These steps help maintain purchasing power throughout a multi-decade retirement.

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Source: [Perissos Private Wealth Management](https://www.perissosprivatewealth.com/insights/2024-retirement-guide) — fee-only fiduciary wealth management in Bethany, Oklahoma. 405.212.9690.

This article is educational and is not personalized financial, tax, legal, or investment advice.