There's still time to slash your 2021 tax bill with these last-minute moves | | | WED, DEC 29, 2021 | | | If you're like many of us, you won't be sorry to see the end of 2021. While the markets have surged again (the S&P 500 is up roughly 29%), headwinds like natural disasters, Covid and, of course, the elephant in the room – inflation -- are giving investors agita over what next year may have in store. And for older Americans, especially those at or in retirement, there's a nagging fear that inflation will chip away at their hard-earned savings.
And while no one can predict the future, there's one thing you can count on: Your friends on the money team at CNBC will be here for you, helping navigate how to make your money grow next year. Confused about the best time to claim Social Security? We'll guide you. Feeling overwhelmed by all the Medicare supplemental plans out there? We'll sort it out for you. Wondering how to benefit from any tax changes coming down the pike? We'll show you how to take advantage of the top tax-saving strategies.
In the meantime, please accept our best wishes for a healthy and profitable new year.
Be sure to visit CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow. | Fulfilled | "I don't fancy myself a fortune teller, but I use the research I do to write this blog in order to discover what I think is important or true ..." | | |
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