Things to do before December 31, 2015
- Take the Required Minimum Distribution if > 70 ½ years old
- Contribute to a 529 Qualified Tuition Plan
- Monitor mutual fund’s capital gains distributions; they could be surprisingly large this year
- Sell investments with losses to offset capital gains distributions from mutual funds
- Make charitable donations with investments that have unrealized gains
- Sign up for health care insurance
- Make an estimated tax payment (especially front load state payments)
- Monitor tax extender legislation if you might be impacted by expiring tax benefits