US EditionPublished • loading... • Updated
7 end-of-year money moves to make now
Financial experts recommend seven key year-end actions to optimize tax benefits, secure retirement, and adapt to new U.S. legislation ahead of 2026.
- Later this month, financial planners recommend Americans complete seven year-end financial moves to prepare for 2026, according to USA TODAY and Barber.
- Facing 2025's economic uncertainty, experts say rising tariffs, a cooling job market and the One Big Beautiful Bill Act advantage high-income earners and families with children over those making less than $50,000, SNAP and Medicaid recipients.
- Prepare for tax season by organizing receipts, checking withholdings, and maxing out contributions to 401 plans , IRAs , and considering Roth conversions.
- Avoid owing the IRS by ensuring correct withholdings and keeping records to prevent large tax bills, and take required minimum distributions to avoid a 25% tax penalty; charitable distributions can reduce taxable amounts if you don't need the money.
- Plan for 2026 by reviewing estate plan, powers of attorney and insurance coverage, updating beneficiaries, and consulting a reputable accountant after major tax changes.
Insights by Ground AI
29 Articles
29 Articles
Helena Independent Record+27 Reposted by 27 other sources
7 end-of-year money moves to make now
Current reports seven key financial moves to make before year-end, including maximizing IRA contributions, charitable donations, and budgeting wisely for the holidays.
·Helena, United States
Read Full ArticleCoverage Details
Total News Sources29
Leaning Left3Leaning Right0Center25Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
11%
C 89%
Factuality
To view factuality data please Upgrade to Premium
