PSA Thursday - Year-End Tax Moves to Finish 2020

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 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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