Stay on Track to FIRE With These Money Moves (2025)
Summary
AI-generatedThis episode covers 20 essential year-end financial moves to make before 2026, focusing on maximizing tax-advantaged accounts, optimizing investments, and preparing for the upcoming year. Hosts Mindy Jensen and Scott Trench provide actionable advice to help listeners avoid missing out on financial opportunities.
Key insights
Traditional or Roth IRA contributions can be made until tax day (April 15th or October with extension) of the following year.
Mistakes to avoid
Avoid triggering the 'wash sale rule' when tax-loss harvesting; you cannot buy back the same or substantially identical securities within 61 days of selling to take a loss.
Tools & resources
BiggerPockets Money Financial Resources Librarywebsite
A financial resource library of tools and resouces related to money.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial