2020 will be here before you know it. Are you prepared for the New Year?

It’s the final month of 2019 so keep in mind there are year-end tax issues to deal with. Many self-employed sole proprietors may need to ditch the SEP and set up an individual 401k before 12/31. Discuss with your CPA or advisor ASAP or email [e-mail]. There is also tax lost harvesting, RMD’s and gifting strategies to think about. Are you ready for 2020 or will you be scrambling when the New Year rings in? Other topics include:

• Legally avoiding capital gains on appreciated stock
• Social Security’s 10 Most Confusing Rules
• 10 Common Misconceptions About Retirement

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.