Less than a month remains for Americans to file their tax filings for the 2024 tax season. Looking ahead to next year, how should US taxpayers be handling their retirement accounts as workers are contributing more to these funds? Yahoo Finance Columnist Kerry Hannon explains the top strategies for managing one's retirement accounts to lessen the 2025 tax season's bill, including making donations to charity and non-profit organizations. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
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