In this episode of the Wealth Planning Podcast with Brister Law, host Anthony Brister talks about Year-End Tax Strategies to help you maximize your savings and build long-term wealth. Part 2 of this series focused on actionable tips to reduce your taxable income before the year ends.

From Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) to retirement planning and charitable contributions, he covers essential strategies for personal and family deductions.

Want to save more on taxes and build wealth? Book a discovery call at https://www.bristertaxlaw.com ask for a comprehensive consult before the year ends!

Timestamps:

0:02 - Introduction & Overview

0:40 - Health Savings Accounts (HSA): Triple Tax Benefits Explained

3:01 - Flexible Spending Accounts (FSA): "Use It or Lose It" Strategy

4:30 - Health Reimbursement Arrangements (HRA) for Self-Employed

5:49 - Retirement Planning: 401(k) & IRA Contribution Limits

7:09 - Backdoor Roth IRA Strategy

8:12 - Roth Conversions for Long-Term Tax-Free Growth

10:08 - Solo 401(k) for Self-Employed: Maximize Contributions

10:42 - Charitable Contributions: Standard Deduction vs. Itemized

12:04 - Qualified Charitable Distributions (QCD) for RMD Mitigation

14:59 - Gifting Appreciated Assets & Charitable Trusts

15:17 - Recap & Call to Action: Book a Discovery Call at Briser Tax Law

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