Your 2025 Year-End Financial Checklist: Key Moves Before December 31

As we close out the year, December is one of the most important months for financial planning. A few strategic steps now can strengthen your long-term outlook and ensure you’re entering 2026 with clarity and confidence. Here are the key items to review before year-end:

• Maximize retirement contributions.
  If you’re able, consider increasing contributions to your 401(k), IRA, or HSA before December 31. Small increases today can have a meaningful long-term impact.
• Evaluate Roth conversion opportunities.
  If your income is lower this year or your tax bracket is favorable, a partial Roth conversion may make sense. This strategy is time-sensitive and must be completed by year-end.
• Use tax-loss harvesting wisely.
  If certain investments are down, realizing losses can help offset gains elsewhere and reduce your tax bill. This is a disciplined, strategic process, not market timing.
• Make charitable contributions.
  Whether you give through cash, appreciated stock, or a donor-advised fund, charitable gifts completed before December 31 can provide a tax benefit and support causes you care about.
• Confirm required minimum distributions (RMDs).
  If you’re subject to RMDs, be sure they’re completed before year-end. Our office actively monitors these but reach out if you have questions.
• Review beneficiaries and key documents.
  Life changes quickly. December is a great time to make sure your retirement accounts, insurance policies, and estate documents still reflect your wishes.

Closing the year with a strong plan in place brings peace of mind and helps set the tone for a successful 2026. If you’d like help reviewing your year-end checklist or discussing tax-efficient strategies, our team is here to help.