Ep 22: Year-End Tax Planning Tips

The Retirement Show: Your Life, Your Money with Scott Sierens

English - October 07, 2021 09:00 - 32 minutes - 32.2 MB - ★★★★★ - 3 ratings
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Previous Episode: Ep 21: How the New Tax Proposal Could Affect Your Financial Future

Next Episode: Ep 23: Tax Planning Tips to Maximize Your Retirement Accounts

We’re not even to December yet, but it’s important to start talking about tax planning strategies early. Today, we’ll explain why now is the best time to start planning for your taxes and how you can start.

Read more and get additional financial information: https://lifemoneyshow.com/podcast/ep-22-year-end-tax-planning-tips/690/

Key Points:

4:50 – What is tax planning

8:30 – Maximize retirement accounts

12:00 – Health savings account

14:30 – Roth conversions

17:40 – Tax gain harvesting

21:02 – Withholding

23:34 – Education planning

25:02 – Charity

27:32 – Legacy planning