Three Quick Year-End Tax Planning Moves!
1.Convert a traditional IRA or 401(k) plan into a Roth IRA Since, Roth accounts provide tax-free earnings, tax-free withdrawals and no required minimum distributions (RMDs) after you reach a certain age, converting traditional IRA or 401(k) to Roth IRA is the first moves for year-end tax planning. What you need to weigh, however, is that …