The end of the year is less than three months away and smart and savvy investors are taking advantage of some year-end strategies to grow their savings but this has not been an ordinary year. Significant tax increases are in the works, soaring inflation, elevated stock market risk, continued record low-interest rates at the bank, and more. This means the opportunities to grow your nest egg this year could be great. But the consequences of doing nothing could be even greater.
In this episode, we share 8 year-end strategies smart and savvy investors should be taking advantage of, here are the first three:
- Higher taxes are coming. Now is the time to take advantage of tax planning strategies before it’s too late
- Convert your IRA or 401K to a ROTH account by year-end
- Update and rebalance your portfolio to match your appetite for risk
Host Ben Christy interviews Beacon Capital Management’s CEO and Co-Owner Jon Maxson and Executive Vice President, Dan Benson, for this episode of the Beacon Retirement Strategies Radio Show: 8 Year-End Strategies That Could Make The Most Of Your Nest Egg