Year End Financial Deadlines to Know

As we approach the end of the year, I wanted to share a quick reminder of some important deadlines that can significantly impact your finances and help you make the most of 2025.

Here are a few key items to keep on your radar:

• Required Minimum Distributions (RMDs) – If you’re over 73, don’t forget that RMDs must be taken by December 31 to avoid penalties.
• Qualified Charitable Distributions (QCDs) – If you plan to make charitable gifts directly from your IRA, now is the time to make sure those contributions are completed before year-end.
• Tax-Loss Harvesting & Gains Planning – Selling investments strategically before December 31 can help reduce taxes for the year.
• Other Important Contributions – Traditional or Roth IRA contributions, 401(k) deferrals, and HSA funding all have deadlines that could impact your 2025 tax picture.

These dates might feel like a lot to track, but that’s exactly why I’m here: to help you stay on top of everything and make sure your plan is working as efficiently as possible.

If you haven’t scheduled your year-end review yet, now is the perfect time. We can review your RMDs, charitable plans, and other opportunities to maximize your financial outcomes before the end of the year.

Just reach out to schedule a convenient time and we’ll set it up.