coffee mug near open folder with tax withholding paper by Kelly Sikkema courtesy of Unsplash.

Keep These Year-End Financial Planning Opportunities In Mind

United Asset Strategies |
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As 2025 winds down, it’s a smart time to revisit your financial plan and make sure you’re taking advantage of timely opportunities. A few strategic moves before year-end—like optimizing retirement contributions, charitable giving, and tax planning—can help you finish the year strong and stay aligned with your long-term goals. Here are a few important items to consider:

  • Required Minimum Distributions (RMDs)
    If you're age 73 or older, your RMD must be satisfied by December 31st. For inherited IRAs, confirm whether annual distributions or the 10-year rule applies.
     
  • Charitable Giving & Gifting Strategies
    If you’re 70½ or older, you may donate up to $108,000 directly from your IRA via a Qualified Charitable Distribution (QCD) – a tax-efficient way to give.
    Consider contributing to a Donor-Advised Fund (DAF) or using the annual gift tax exclusion ($19,000 per person) to support loved ones or reduce your taxable estate.
     
  • Retirement Contributions
    401(k)/403(b): Individuals can contribute up to $23,500. For those 50 and older, an additional catch-up of $7,500 is permissible ($31,000 total). Individuals age 63-65 are entitle to a “super” catch-up of $11,250 ($34,750 total). Contributions must be made by December 31st.
    IRA/Roth IRA: $7,000, with an additional $1,000 catch-up if age 50 and over ($8,000 total). Contribution deadline is April 15th, 2026.
    This is also a good time to explore Roth conversions if you expect lower income this year.
     
  • Tax Loss Harvesting
    Review taxable investment accounts for potential losses that can offset capital gains and reduce your 2025 tax bill, being mindful of wash sale rules. At United, we proactively look for opportunities to harvest losses throughout the year.
     
  • Review Withholding & Estimated Taxes
    To avoid underpayment penalties, consider adjustments for bonuses or investment income.


Year-end planning can have a lasting impact. Contact your advisor at United Asset Strategies to discuss options that may be available to you.