Year-end is fast approaching, with the holidays just around the corner. While the market malaise may be front-and-center on the minds of many, individuals should not overlook year-end planning opportunities which may provide meaningful benefits.
- Harvest Losses
- Analyze Mutual Fund Year-End Capital Gain Distributions
- Manage Charitable Donations
- Satisfy Required Minimum Distributions using the IRA Charitable Rollover
- Consider a Roth Conversion
- Utilize Annual Exclusion Gifts
- Utilize the Lifetime Gift Tax Exemption
- Review Estate Plans and Beneficiary Designations
- Evaluate When to Collect Social Security Retirement Benefits
- Consider a Change in State Residency