Last week I told you how to benefit from the coming tax law change in January for non-spouses who inherit a 401(K) from a deceased person.

There are other tax changes that you can take advantage of before the end of the year. So listen up!

If you're a worker under 50 with a 401(K) plan you may contribute up to $15,000 this year rather than $14,000. Make adjustments now.

If you're over 50, the maximum contribution is now $20,000.

Taxpayers 70½ or older may now move up to $100,000 a year out of an IRA and give it directly to a charity, tax free.

The bad new in tax changes comes in the form of an expansion of the kiddie tax. It used to affect parents of kids younger than 14. Now it strikes children up to the age of 18. So invest in investments that don't generate much in dividends or income, such as U.S. Savings Bonds and indexed mutual funds.