2 Question Tuesday – 12/26/2023 – What Changes Were Made In Taking Required Minimum Distributions & What Other Tax-Planning Moves Should I Make, 401(k)S, 529 Plans, Charity?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. What changes were made in taking required minimum distributions?
  2. What other tax-planning moves should I make, 401(k)s, 529 plans, charity?

Phil, Mike, and Larry discuss year-end tax-planning moves, such as required minimum distributions on tax-deferred accounts and the new rules out this year. They also talk about maximizing contributions to 401(k) plans, 529 plans, and tax-deductible charitable contributions.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Host Lawrence Carrel’s books available available at Amazon.com