Year-end planning review checklist
November 21, 2022
A year-end review provides an opportunity for taxpayers to see if action is needed on their portfolios and strategies.
Latest
Webinar: Tax outlook and year-end planning
As year-end approaches, Join Bill Cass and Chris Hennessey for a discussion of the impact of the elections, the outlook for the tax landscape and planning ideas. The webinar will be held November 17, 2022 (1 p.m. ET). Highlights of the discussion include: Recap of the mid-term elections and impact on policy Prospects for the
Important estate planning moves before year-end
Estate planning is an important part of year-end planning as taxpayers seek to manage the distribution of assets as and meet any state tax requirements.
Year-end planning ideas to lighten the tax burden
As year-end approaches, taxpayers may consider strategies to try to hedge the risk of higher taxes and mitigate the tax burden.
Estimating your tax bracket can guide tax planning
Taxpayers may want to estimate income for this year to determine their marginal income tax bracket.
The impact of inflation on planning
In addition to the erosion of purchasing power, rising inflation can have a profound impact on financial planning.
Five things to know about Roth IRA distributions
There are several key points for savers to consider as the rules around taking Roth IRA distributions differ from other types of retirement accounts.
Age milestones can trigger financial planning
Reaching certain age milestones can be significant for many different reasons, including financial planning.
Fall open enrollment offers opportunity to change Medicare plans
Each year, Medicare holds an open enrollment period that allows participants to sign up or make changes to existing coverage.
Distribution planning under the SECURE Act
For some with inherited retirement accounts, next steps for distribution planning may be unclear under the SECURE Act rules.