Ep 66: End-of-Year Financial Planning

What financial moves should you make before the year is over? Have you talked with your financial advisor about these strategies? Let’s review the items that are most important at the end of the year.

 

Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-66-end-of-year-financial-planning/ 

 

Watch the video podcast: https://www.youtube.com/watch?v=2p7Vl6w2TvM&feature=youtu.be 

 

What we discuss on this show: 

1:51 - Should we be maxing out retirement contributions as the year winds down?

3:17 - How does the CARES Act factor into your year-end planning? 

6:43 - Did you explore tax-loss harvesting?

9:26 - Are you planning to make a charitable donation?   

14:12 - What kind of purchases qualify for tax credits?

15:25 - Have you looked into a Roth conversion?