10/26/2026
Tax-saving moves
Year-end is a good time to review tax-planning strategies, because some moves must be completed by December 31.
Consider taking required minimum distributions on time, maximizing workplace retirement plan contributions, and evaluating whether Roth strategies make sense for your situation.
High-income earners may have additional Roth saving opportunities through after-tax workplace plan contributions, a mega-backdoor Roth, or a backdoor Roth IRA, depending on plan rules and tax considerations.
Charitable giving can be tax-efficient when planned carefully, including donating appreciated investments and making qualified charitable distributions.
Investors may be able to reduce capital gains taxes through tax-loss harvesting but should be mindful of the wash-sale rule and other tax implications.
Tax-free annual gifts can help transfer wealth to loved ones and may support longer-term estate planning goals.
Some tax-advantaged accounts, including HSAs and IRAs, can generally be funded up until Tax Day, giving investors additional time to maximize eligible contributions.
