PSA Thursday - Year-End Tax Moves to Finish 2020
Welcome back to PSA Thursday, a weekly-ish segment in which we talk about how to handle money, work, and life in the year that is 2020. Today, we focus on the importance of end-of-year tax planning before you ring in 2021. We cover these tips: Open a...
Afford Anything | Make Smart Money Choices · Paula Pant, Personal Finance Expert | Cumulus Podcast Network
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Show Notes
Welcome back to PSA Thursday, a weekly-ish segment in which we talk about how to handle money, work, and life in the year that is 2020.
Today, we focus on the importance of end-of-year tax planning before you ring in 2021.
We cover these tips:
- Open a retirement account
- Adjust your tax withholdings
- Check your 529 Plan
- Make charitable contributions
- Why this could be a good year to make a Roth conversion
- Spend down the balance in your FSA
For more information, visit the show notes at https://affordanything.com/psathursday
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