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An End-of-Year Investing Checklist


Published on 2024-12-15 10:21:06 - Kiplinger
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  • December is a great time to get your portfolios in order. Investors can follow this checklist to assess what changes they may or may not need to make.

The article from Kiplinger outlines an end-of-year investing checklist designed to help investors optimize their portfolios before the year ends. Key points include reviewing and rebalancing your investment portfolio to ensure it aligns with your risk tolerance and investment goals, considering tax-loss harvesting to offset capital gains, and making contributions to retirement accounts like IRAs or 401(k)s to take advantage of tax benefits. It also suggests checking for any changes in tax laws that might affect your investments, evaluating the performance of your investments, and planning for Required Minimum Distributions (RMDs) if applicable. Additionally, the checklist advises on looking into potential adjustments in asset allocation, considering charitable contributions for tax deductions, and ensuring all necessary documentation for tax purposes is in order. The overarching theme is proactive management to minimize tax liabilities and enhance investment growth.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/an-end-of-year-investing-checklist ]