This video explains how Ohio’s new 2.75% flat-rate income tax creates opportunities to accelerate retirement savings. By lowering the state tax burden, more of your income can be redirected toward IRAs, 401(k)s, or other investment accounts—helping you build long-term wealth faster. Key Takeaways ✅ Ohio is moving to a 2.75% flat income tax – By 2026, most residents earning above $26,500 will pay a single flat rate, while those below that threshold will pay no state income tax, potentially saving thousands for higher earners. ✅ Tax savings can supercharge retirement – Even modest annual savings redirected into retirement accounts like a Roth IRA can compound significantly over decades, turning a few hundred or thousand dollars a year into hundreds of thousands by retirement. ✅ Ohio becomes more competitive regionally – With one of the lowest state income tax rates in the Midwest, Ohio could attract businesses and workers, strengthening the economy, stabilizing the housing market, and supporting retirees.We are one of Ramsey Solutions and ‪@TheRamseyShow‬ largest Smartvestor Pros in the country because we live and believe in the process that Dave Ramsey and his team teach to provide people financial freedom.We also have a ‪@TheRamseyShowEpisodes‬ Financial Coach on staff to help with budgeting and debt pay-down strategies. You can find more information about Whitaker-Myers Wealth Managers at: https://www.whitakerwealth.comWhitaker-Myers Wealth Managers, Ltd. (“RIA Firm”) is a registered investment adviser in Ohio that serves clients nationwide through our relationship with Dave Ramsey and Ramsey Solutions. Whitaker-Myers Wealth Managers, Ltd. may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements.All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. ​ This information are provided for guidance and information purposes only. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy.This website and information are not intended to provide investment, tax, or legal advice. ​ Whitaker-Myers Wealth Managers is not giving tax, legal or accounting advice. Consult a professional tax or legal representative if needed. ​ Insurance products and services are offered and sold through Whitaker-Myers Insurance Agency Inc. and Whitaker-Myers Benefit Plans, LLC, and individually licensed and appointed insurance agents.

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