{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dentists, Puns, and Money","title":"Financial Planning Updates Inspired by South Park","html":"","width":"100%","height":180,"duration":432,"description":"In this episode, Shawn Terrell discusses essential financial planning strategies for dentists in 2025, focusing on key numbers that will impact retirement savings and tax planning. He highlights the importance of understanding catch-up contributions, especially for those nearing retirement, and provides resources for listeners to access updated financial information.\n--------------------------\nTakeaways\n\nImportant financial numbers go up every year.\nCatch-up contribution for 2025 between age 50-59 is $7,500.\nThe maximum qualified plan total deferral is $34,750 for ages 60 to 63.\nTax deferred accounts can be crucial for late-stage dentists.\nThe Secure Act 2.0 introduced new catch-up limits starting in 2025.\nRoth IRA and Traditional IRA contribution limit is $7,000 for 2025.\nDownload all the important numbers for 2025.\nLate-career dentists may be able to stuff a little bit more money away.\nUnderstanding these numbers is vital for financial planning.\n\n-----------------------------\nResources from Episode  \n------------------------------\nDentist Exit Planning:\n\nWebsite: dentistexit.com\nEmail Shawn at: shawn@dentistexit.com\nSchedule a Discovery Meeting\nSign-Up for Dentist Exit Email Newsletter\n-------------------------------\nFollow Dentist Exit on Social Media:\nFacebook Group for Dentists\nWatch on YouTube\nInstagram\nLinkedIn","thumbnail_url":"https://img.transistorcdn.com/n5PBTFFGHUPKSpy_q0N4BuboFA2fQUQBO0CupN679qc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE0MTU3LzE2NDcy/NjkzNzktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}