Welcome to the ‘Holidays’. A time for gathering with friends and family, enjoying a trip to a special place, searching for the right gift, or giving to a charity you feel worthy of your generosity. Sadly, but not surprisingly, all of these can involve nefarious acts that can cost you time, money, frustration, and even your identity. That’s not just a lump of coal, that could be the whole bag. Below/included we address this risk and help you find ways to avoid the dreaded ‘holiday scam’.
On a far more uplifting subject, now is the time to put bows on a short list of things you want to put under your very own financial tree, most of which have a set December 31st date to complete. There are retirement account conversions to consider, tax favorable contributions to education plans that might need to be addressed, required minimum distributions from certain accounts, as well as preparing for an annual ‘financial physical.’ All things to look forward to before the ball drops, and the New Year arrives.
Key Topics for This Month
HOLIDAY SCAMS
Top 5 Scams to Watch Out for During the 2024 Holiday Season
The holiday season brings a spirit of generosity, shopping sprees, and celebratory spending—but it also attracts scammers who look to exploit the holiday rush. While some scams are holiday-specific, others are annual threats with new, sophisticated twists. Here’s a guide to the top five scams for the 2024 holiday season, starting with the latest and moving through the most common threats, so you can protect yourself and your loved ones.
END OF YEAR CHECK LIST
Top 6 tips: Your year-end financial checklist
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As you close out 2024 and prepare for the year ahead, we’re here with ways to help you maximize your savings, minimize your tax bill, and stay on track with your financial goals.
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