Income tax

Before it’s too late

The end of the year is rapidly approaching and it’s not too late to consider some options to reduce your income tax burden for 2017.

• Contribute the max to your 401K.
• Consider converting your traditional IRA to a Roth IRA.
• Use Stock losses to offset capital gains.
• Consider tax-free investing…like muni bonds.
• Fund at 529 plan
• Lower your income with pre-tax contributions to a HSA.
• Charitable gift?   Cash is good but you can also gift stock.

To discuss your confidential loan scenario please schedule an appointment with Mitch Lichterman by CLICK HERE.