The stockings are hung by the chimney with care…
And here Uncle Sam comes, eager for his share.
For many of us, the end of the year is a cue to rebalance our portfolios and protect our wealth against the next year’s taxes.
In an uncertain environment where many experts anticipate rising taxes, particularly on the wealthy, this is especially important.
Luckily, Chief Income Strategist Marc Lichtenfeld has your back.
Marc knows that building wealth is only half the battle…
So in this week’s episode of his popular YouTube series State of the Market, he explains all of the best year-end tax moves you can make now to protect your wealth down the road.
Marc covers everything from tax-loss harvesting to year-end retirement account contributions and how to take advantage of special 2020 provisions for required minimum distributions.
He’ll also answer common questions like which types of accounts are best for holding bonds and master limited partnerships.
Now is the perfect time to put some of these tax savings tips into action. With just a few simple moves as 2020 draws to a close, you can prevent the Grinch from swiping your holiday cheer come April.
>>Watch Marc’s newest episode now.<<
P.S. Got more general tax-related questions? Check out this piece by Marc or leave them in the comments below!