The Wealth Stack: Leveraging Federal Tax-Favored Plans

SOME OF THE EASIEST WAYS FOR YOU TO BUILD WEALTH (These are no-brainers)

Tax-favored Retirement, Health, and Education Plans.

The Wealth Stack: Leveraging Federal Tax-Favored Plans

By Jim Palumbo, Principal of Global WEALTH

The most overlooked strategy for building sustainable wealth is "Max-Funding" every tax-favored plan available to you. Think of your financial plan as a house; each plan is a structural brick. At Global WEALTH, we utilize a fiduciary, fee-only approach to help families layer these benefits, potentially shielding nearly $200,000 annually from unnecessary taxation.

The Three Pillars of Your Wealth Stack

1. Retirement Foundations

• 401(k)/403(b): For 2026, the individual deferral limit is $24,500 [1].

• Catch-Up: Savers aged 50+ can add $8,000, while those 60–63 have a "super catch-up" of $11,250 [4].

• IRAs: Limits rise to $7,500 (+ $1,100 catch-up) [1].

2. Health Savings (The Triple Tax Advantage)

• HSA: Families can contribute up to $8,750 ($4,400 individual) in 2026 [5]. These funds grow tax-free and are tax-free upon withdrawal for medical needs.

• FSA: Healthcare FSAs now allow $3,400 [2].

3. Education & Legacy

• 529 Plans: Contributions up to $19,000 per person/beneficiary ($38,000 for couples) qualify for the annual gift tax exclusion in 2026 [3].

The Fiduciary Difference

Aggressive systematic saving—not consumption—is the fastest path to wealth. As a fiduciary RIA, Global WEALTH coordinates these "bricks" into a formal Family Investment Policy (FIP) to ensure your accounts work in harmony.

Ready to stack your wealth? Connect with us at JimPalumbo.com. #savemoney #paylesstax