How Much Can You Save Using An IRA? I Show You The Math

On this episode of the Sunlight Tax Podcast, I dive into why tax literacy is crucial and how understanding the basics can save you thousands of dollars. I explain how tax-advantaged accounts like IRAs, HSAs, and retirement savings plans work, and why they're some of the most powerful tools for building long-term wealth and financial stability. Using practical examples and simple calculations, I show how small, informed choices can lead to significant tax savings over time. Plus, I share details about my free step-by-step tax strategies class, designed to make complex tax concepts accessible, actionable, and stress-free. Whether you're a self-employed creative, freelancer, or anyone looking to take control of your finances, this episode will give you the tools to understand taxes, maximize savings, and grow your wealth. Don't forget to leave a review—it helps more people find these insights and start feeling confident about their money. Also mentioned in this episode: 01:32 Introduction and Holiday Reflections 03:01 The Importance of Tax Literacy 11:34 Maximizing Tax-Advantaged Accounts for Savings   If you enjoyed this episode, please rate, review and share it! Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences. Links: Free online tax calculator Join my free class: Make Taxes Easier and Stash an Extra $152k in Your Savings Link to review this podcast on Apple   Check out my program, Money Bootcamp Get your free visual guide to tax deductions