Comments on: Ten Financial Moves to Consider Before 2009 Ends

By: Weekend Linkage: Year End Moves, Tax Tips and Financial Setbacks — Automatic Finances

Sat, 05 Dec 2009 14:00:06 +0000

[...] find out what you should be doing, PT Money offers up Ten Financial Moves to Consider Before 2009 Ends. 1. Have you fully funded your 401(k)? 2. What about Making a Traditional IRA or Roth IRA [...]

By: Judgement credit report » Monday Jumpstart to Personal Finance & Credit Report News

Fri, 04 Dec 2009 20:05:31 +0000

[...] You have a month till New Year’s to go over PT Money’s ten financial moves to consider before 2009 ends. [...]

By: –› Holiday Challenge, Retirement, and Saving

–› Holiday Challenge, Retirement, and Saving — Thu, 03 Dec 2009 13:31:20 +0000

[...] 10 Financial Moves to Consider Before 2009 Ends [...]

By: Mark

Mark — Thu, 03 Dec 2009 03:58:21 +0000

I hope I don’t forget to reduce my contribution down to a sustainable amount after the last payday of this year. I can contribute this much in the short term because I have quite a bit of spare cash laying around that I can use to make up the shortfall to my take-home pay. If only I had the foresight and common sense to move that cash (earning an eye-popping 0.9%) into stocks earlier this year… :-/

By: PT

PT — Wed, 02 Dec 2009 20:18:44 +0000

Wow, 50% contributions to the 401(k). You are the man, Mark. I had to bump mine up to 20% to make the max, but 50% is awesome!

By: Mark

Mark — Wed, 02 Dec 2009 05:40:21 +0000

I’m going to drastic measures because my options this late in the year are pretty limited. I am contributing the maximum to my 401K for the final one or two paychecks of the year. That would be 50% of my salary. I don’t think I can sell any investments for much of a loss because I haven’t invested all that much in non-retirement accounts in the last five years. There’s not a heck of a lot I can do in any case to reduce my AGI.

By: PT

PT — Tue, 01 Dec 2009 23:30:49 +0000

@Mark – Good luck in your scramblings. How are you going about that?

By: Monday Jumpstart to Personal Finance & Credit Report News | Credit Karma Blog

Mon, 30 Nov 2009 20:50:05 +0000

[...] You have a month till New Year’s to go over PT Money’s ten financial moves to consider before 2009 ends. [...]

By: Mark

Mark — Wed, 25 Nov 2009 17:05:24 +0000

Thanks for the reminder about the first-time home buyer tax credit, aka “haven’t bought a home in the last three years” tax credit. I didn’t realize the credit was boosted to 8 grand. And I had thought the absolute max income level to qualify was $75K, and so I hadn’t looked into this enough to realize I could get at least a partial credit. I am suddenly having to scramble to lower my AGI as much as possible in the next few weeks in order to maximize my credit. Makes me wish I’d have sold some investments earlier this year when stocks were down to add some capital losses to my AGI. I should have done that regardless but it’s too much of a pain figuring out when you bought each share of stock (or mutual fund) and how much you paid.

By: Andy

Andy — Tue, 24 Nov 2009 03:27:18 +0000

Some great tips here. Roth IRA is the main one for me. Need to start funding one as taxes are only headed one way in the future – up!