Business
Have you taken full advantage of your tax-deferred accounts such as workplace and/or individual retirement accounts? Each year we have a limit on our tax-advantaged accounts, so it's best practice to create a hierarchy for how we use our money. In this podcast episode, I discuss some year-end planning ideas for maximizing your hard-earned money. While these considerations depend on your individual situation, there is a general philosophy for creating a hierarchy to be efficient with your money. Take advantage of the short-term, so that the long-term takes care of itself. I hope you enjoy the episode! Theodore J. van Gerven, CFP® Modern Wealth Builders, LLC