How Did Inflation Adjustments Shape 2025?
Explanation: The IRS lifted bracket thresholds and deductions to match price hikes.
- Standard deduction: $15K (single), $30K (joint), $22.5K (HOH)
- New tax brackets prevent “bracket creep”
- Retirement & FSA limits up: 401(k) $23,500; IRA $7,000; HSA $4,300; FSA $3.
Also read, Why US. Inflation Matters—and How to Protect Your Cash
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