#75 - Year-End Tax Planning Checklist for 2025
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"October and November are the best time to sit down and work through your year-end tax plan—before life gets busy with the holidays—so you can take meaningful action and keep more of what you’ve worked so hard to earn." - Eric Blake
The final months of the year are the perfect time to review your finances and take action before December 31st.
New tax laws bring both opportunities and risks, making this year’s planning even more important.
In this episode, I walk through my year-end tax planning checklist to help you understand the key areas that can impact your retirement, your taxes, and your long-term goals. I explain how to approach contributions, distributions, and deductions strategically while also touching on family gifting and estate considerations.
EPISODE SUMMARY
- Why reviewing your tax plan in October and November helps maximize opportunities before the year ends
- How to use retirement accounts, Roth IRAs, and HSAs to reduce taxes and grow long-term wealth
- The importance of required minimum distributions (RMDs) and qualified charitable distributions (QCDs)
- Family gifting strategies and the unique advantages of 529 contributions
- Deduction changes, charitable giving rules, and new provisions under the current tax law
- And more!
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EPISODE LINKS & RESOURCES
- 👉 Get Your Complimentary Retirement & Tax Analysis
- End-Of-Year Planning Issues Checklist
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