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[US] End of year PF tasks

www.kiplinger.com Seven Year-End Financial Tasks to Check Off Your To-Do List

The end of the year is already chockfull of important things to do, but don’t let these seven fall through the cracks. You’ll thank yourself in 2024.

Seven Year-End Financial Tasks to Check Off Your To-Do List

I like to review my financial situation near the end of the year to prep for tax season, give to charity, etc. For any who cannot access the article or are too lazy, here are the things they recommend:

  1. Tax loss harvesting
  2. Contribute to retirement accounts
  3. Convert IRA to Roth
  4. Reassess risk tolerance
  5. Review RMDs - only for 73+
  6. Charitable contributions
  7. Fund accounts for dependents

I check most of these, but more importantly I look at the new limits for 401k and IRA, as well at HSA limits for the upcoming year.

Is there something you like to do financially at the end of the year?

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