While Others Debate New Tax Law, Stay Focused on Your Own Plan

The tax overhaul is a hot topic these days, and investors should stay aware of any changes that could eventually affect their retirement plans.

But the truth is, even with all the changes made after President Trump signed the Republican tax plan into law, don't lose sight of the tax opportunities that have been available to you for years. So even as you parse what the new law means for your finances, it pays to also focus on what you can do under the old laws. Your goal should be to maximize every savings opportunity available.

Here are four things you can do right now:

1. Know your contribution limits.

The limit for tax-deferred