As the April 15 tax deadline nears, tax experts emphasize that Americans can still take advantage of various strategies to save money. Contributions to retirement accounts such as a 401(k) or an Individual Retirement Account (IRA) can significantly lower taxable income. The 2025 contribution limit for a 401(k) has increased to $23,500, while individuals aged 50 and older can contribute an additional $7,500 as catch-up contributions. Additionally, Health Savings Accounts (HSAs) provide triple tax benefits, with limits set at $4,300 for individuals and $8,550 for families in 2025. Taxpayers should also consider contributions to 529 education savings plans, as over 30 states offer tax breaks for these contributions. Furthermore, many taxpayers overlook valuable credits such as the Earned Income Tax Credit, which averaged $2,916 in 2024, and the American Opportunity Tax Credit, which can provide up to $2,500 per student. With the potential for significant savings, experts advise reviewing all options before the deadline.