{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dentists, Puns, and Money","title":"Four Money Considerations for 2024 Year-End","html":"","width":"100%","height":180,"duration":670,"description":"In this episode of Dentists, Puns, and Money, host Shawn Terrell discusses essential financial considerations for dentists as they approach the end of 2024. He emphasizes the importance of planning for taxes, including converting to a Roth IRA, understanding required minimum distributions, and utilizing tax loss harvesting strategies. Shawn also highlights the significance of being aware of income thresholds that could affect tax brackets and offers a downloadable checklist for listeners to help them stay organized during the busy holiday season.\n--------------------------\nTakeaways\nConsider converting some portion of tax deferred accounts to Roth IRAs before year-end.\nEnsure required minimum distributions are taken to avoid penalties.\nTax loss harvesting can help offset gains in taxable investments.\nBe aware of income thresholds that may affect tax rates.\nMaximize contributions to health savings accounts and retirement plans.\nCharitable contributions can be made in a tax-efficient manner.\nPlanning ahead can save money on taxes in the long run.\nUtilize available resources and checklists for financial planning.\nStay informed about changes in tax laws and regulations.\nThe holiday season is a good time to review financial goals. \n\n-----------------------------\nResources from Episode  \n------------------------------\nDentist Exit Planning:\n\nWebsite: dentistexit.com\nEmail Shawn at: shawn@dentistexit.com\nSchedule a Discovery Meeting\nSign-Up for Dentist Exit Email Newsletter\n-------------------------------\nFollow Dentist Exit on Social Media:\nFacebook Group for Dentists\nWatch on YouTube\nInstagram\nLinkedIn","thumbnail_url":"https://img.transistorcdn.com/n5PBTFFGHUPKSpy_q0N4BuboFA2fQUQBO0CupN679qc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE0MTU3LzE2NDcy/NjkzNzktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}