Birthdays may signal time to take financial action
In addition to birthdays and life changes, such as retirement, age milestones are meaningful for financial planning.
In addition to birthdays and life changes, such as retirement, age milestones are meaningful for financial planning.
Staying focused on tax planning can help individuals find ways to improve their tax situation throughout the year.
There may be planning opportunities to mitigate the taxes associated with a Roth conversion.
Looking at the year ahead, individuals may want to explore opportunities to save more, reduce taxes, or revise their tax planning strategies.
Taxpayers may want to estimate income for this year to determine their marginal income tax bracket.
Consider reminding parents that having everyone together at holiday gatherings can be a good time to address some key planning topics.
A checklist can help investors assess personal finances for a year-end planning review to determine if action is needed.
With the range of funding alternatives and strategies, it’s important for donors to understand their options for charitable giving.
Investors are considering which charitable giving strategy to use if they are not itemizing deductions under the new tax law.