Broker Check

Your Financial Planner-December 2022

Your Financial Checklist

Now is the time to create your end of year financial checklist:   

Make Pretax Contributions to Lower Your Taxes

  • Maximize your 401(k) contributions. 
  • Contribute to an IRA. 
  • Fund your HSA. 

Give to Charity 

  • The last day to contribute to a non-profit organization of your choice is December 31, 2022.

Estate Planning

  • To round it all off at the end of your financial checklist, take some time to review your estate documents. Your estate represents the culmination of all the hard work and sacrifice you’ve made your entire life, and to make it all worthwhile, think of how you’d want your assets to be passed on to the next generation.
  • Determine ownership of assets (including real estate) and beneficiary designation
  • Take note of where your estate planning documents (wills, trusts, durable power of attorney, etc.) are located
  • Review estate planning documents to make sure they are accurate and current

Dec. 17: Major Discount Shopping Day (Super Saturday)

  • Good news for those who haven’t finished their holiday shopping. The Saturday before Christmas and days surrounding it are filled with last-minute deals. Although, this year, the Saturday before Christmas is Christmas Eve, Super Saturday falls on December 17th. Plan early and stick to your budget.

Your Friends at Intelligent Investment Management, LLP wish you and yours a very happy holiday season!