Please join Scott, David, and Rachel as they discuss ways to make meaningful financial strides, regardless of whether you’re embarking on your financial journey, in the peak earning stages, or enjoying retirement:

-Funding retirement plans and IRAs strategically to align with your various goals
-Harvesting tax losses to optimize investment portfolios and control taxes
-Engaging in charitable gifting for personal fulfillment and tax advantages
-Converting your IRA to a Roth to create potential immediate and future benefits for you and your heirs.

If you want to download the slides, our year-end checklist, and other handouts mentioned in the video, click here:

Disclosures: Century Management (“CM”) is an independently registered investment adviser with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of
skill or training. CM is also registered as a Portfolio Manager in the Province of Ontario. This discussion is educational in nature. All views and opinions expressed herein are those of the
speakers and do not necessarily reflect the views and opinions of CM. CM does not provide legal or tax advice and the information herein should not be considered legal or tax advice. Tax laws
and regulations are complex and subject to change. Please consult legal or tax professionals for specific information regarding your individual situation. Past performance is not indicative
of future results. This discussion is not intended to be investment advice and does not consider specific client investment objectives. CM is not making a recommendation for or endorsing
any investment strategy or particular security. All investments involve risk and unless otherwise stated, are not guaranteed. Principal loss is possible. Forward-looking statements are not
guaranteed. CM cannot guarantee that the information herein is accurate, complete, or timely. CM makes no warranties with regard to such information or results obtained by its use, and
disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. A full description of our Firm’s business practices is supplied in our Form ADV Part
2A, which is available upon request and on our website at www.centman.com. CM-2023-12-08…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

As the year comes to a close, it’s the perfect time to take stock of your financial situation and make sure you’re set up for success in the new year. Whether you’re planning for retirement, saving for a big purchase, or just trying to get your finances in order, here’s your ultimate year-end financial checklist for 2023.

1. Review Your Budget: Take a look at your spending and saving habits over the past year. Are there areas where you can cut back? Are there opportunities to increase your savings or investments? Update your budget for the new year to reflect your financial goals and priorities.

2. Maximize Retirement Contributions: If you have a retirement account, make sure you’re contributing the maximum amount allowed. For 2023, the annual contribution limit for a 401(k) is $20,500 for those under 50 and $27,000 for those 50 and over. For an IRA, the limit is $6,000 for those under 50 and $7,000 for those 50 and over. Take advantage of any employer matching contributions to make the most of your retirement savings.

3. Evaluate Your Investments: Review your investment portfolio to make sure it aligns with your financial goals and risk tolerance. Consider rebalancing your portfolio to maintain the right mix of assets. If you have investments that have performed well, consider taking profits and reinvesting them in areas with greater growth potential.

4. Check Your Credit Report: It’s important to stay on top of your credit health. Request a free credit report from each of the three major credit bureaus and review it for any errors or discrepancies. If you find any inaccuracies, take steps to correct them to ensure your credit score is as strong as possible.

5. Set Financial Goals for 2024: Take some time to think about what you want to achieve financially in the coming year. Whether it’s saving for a down payment on a house, paying off debt, or building an emergency fund, set specific, measurable goals that will help guide your financial decisions in the new year.

6. Plan for Taxes: As the year comes to a close, start gathering any documents or receipts you’ll need for tax season. Consider making any last-minute contributions to retirement accounts or charitable donations to reduce your tax liability for the year.

7. Update Your Estate Plan: If you have a will, trust, or other estate planning documents, review them to make sure they still reflect your wishes. Update beneficiary designations on your accounts and insurance policies as needed.

8. Plan for the Unexpected: Make sure you have adequate insurance coverage to protect yourself and your family. Review your health, life, disability, and property and casualty insurance to make sure you have the right amount of coverage for your needs.

By following this ultimate year-end financial checklist, you’ll be well on your way to a strong and secure financial future in 2024. Taking the time to evaluate your financial situation and make necessary adjustments now will set you up for success in the coming year and beyond.