Reported 18 days ago
As 2024 comes to a close, it's crucial to review your financial strategies before the year ends. Experts recommend ensuring beneficiary designations on accounts are current, reviewing estate plans and insurance policies, maximizing retirement contributions, making end-of-year charitable donations, managing gift taxes, and performing required minimum distributions if necessary. Additionally, consider tax-loss harvesting to effectively manage investment losses. Take action on these key financial steps to secure your assets and minimize taxes.
Source: YAHOO