Up Close Publications
  • Home
  • Read Articles
    • Community
    • Education
    • Events
    • Finance
    • Food + Dining
    • Health + Beauty
    • Holidays
    • Home Improvement
    • Las Sendas Golf Club: A Closer Look
    • Local Business
    • Over 50
    • Real Estate
    • Sports
  • Events
  • Service Directory
  • Advertisers
  • Testimonials
  • About Us
  • Contact Us
  • Advertise
  • Contact Us
  • About Us
CALL US AT (480) 748-1127

Up Close Publications

ad Acoya
  • Home
  • Read Articles
    • Community
    • Education
    • Events
    • Finance
    • Food + Dining
    • Health + Beauty
    • Holidays
    • Home Improvement
    • Las Sendas Golf Club: A Closer Look
    • Local Business
    • Over 50
    • Real Estate
    • Sports
  • Events
  • Service Directory
  • Advertisers
  • Testimonials
  • About Us
  • Contact Us
FinanceOver 50

Consider These Year-End Financial Moves

by Edward Jones November 28, 2020November 29, 2020
written by Edward Jones November 28, 2020November 29, 2020

We’re nearing the end of 2020, but you’ve still got time to make some year-end financial moves.

For starters, add to your IRA. You actually have until April 15 to contribute to your IRA for the 2020 tax year, but the sooner you put the money in, the quicker it can work for you.

Also, if your employer allows it, put in a little extra to your 401(k) or similar retirement plan.

If you’re 72 or older, you don’t have to take withdrawals from your IRA or 401(k) that would normally be required by year-end, due to the economic stimulus legislation. If you don’t need the money, you can let your retirement accounts continue growing on a tax-deferred basis.

Here’s another suggestion: Review your investment mix to see if it’s still appropriate for your goals and risk tolerance.

Finally, see your tax advisor. You might be able to make some investment-related moves that can improve your tax situation.

Taking these steps can help you close out 2020 on a positive note – and start 2021 on the right foot.

This article was written by Edward Jones for use by your local Edward Jones Financial Advisors, Brent D. Hoskinson and Linda Drake.

0 comment
0
FacebookTwitterPinterest
previous post
How Should I Save for a Child’s Education?
next post
Prolotherapy for Pain Works Well

Related Articles

New at Investing? Follow These Suggestions

January 2, 2020

Consider Some Year-end Investment Tax Moves

December 1, 2019

What Happens to Your 401(k) When You Leave...

September 29, 2019

Different Goals such as Vacation and Retirement Require...

August 1, 2019

Put Together a Professional Team to Help You...

June 30, 2019

Time to Think About Year-End Investment Moves

October 31, 2018

Tax Implications for Canadians and Foreign Persons Selling...

October 31, 2018

Here Are Eight Things to Know Before You...

June 28, 2018

Tax Implications Exist for Canadians and Foreign Persons...

November 1, 2017

The most important financial guide is you

January 30, 2017

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Read Print Issue Now

find us on social media

Facebook Twitter Instagram Pinterest

Trending Articles

  • Mesa Citizen of the Year Association Honors Students for Exceptional Service and Lifelong Impact

  • Curiosity, Geometry, and Arts and The Shaping of The Future

  • So, What Kind of Music Do You Like?

  • Xoxo Charcuterie Mesa is aone stop solution for great events

  • Getting Off theLong, Uphill Bicycle Ride

Read PDF Editions





GET IN TOUCH

Kim Phillips
Publisher
(480) 748-1127
publisher@phillipswest.com

 


 
Monica Adair
Advertising Representative
(480) 772-1949
monica@goupclose.com

Email Us



    Sign up for our newsletter



      • Facebook
      • Twitter
      • Instagram
      • Pinterest
      • Advertise
      • Contact Us
      • About Us

      Ⓒ 2020 Phillips West Publishing | Website by Rangefinder Studios