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Finance tips for the end of the year

Paul Schatz , President of Heritage Capital LLC has these tips for your year end finances. Top 10 Financial Tips for Year-End Do a dry run through of your tax r...
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Paul Schatz , President of Heritage Capital LLC has these tips for your year end finances.

Top 10 Financial Tips for Year-End

  • Do a dry run through of your tax return
  • Harvest capital losses
  • Recognize capital losses up to $3000
  • Beware of mutual fund distributions
  • Max out your 401K contribution
  • Take your RMD
  • Defer bonus
  • Donate your RMD to charity
  • Donate to charity
  • Spend FSA
  • Fund 529
  • Gift up to $15,000