Update Your Retirement Plan
November 6, 2025
Don’t look now, but we are already in the home stretch of 2025. We are sure you have plenty of holiday plans filling up November and December, so now is a great time to take a final look at your current plans to make sure they are updated so you can get to celebrating with friends and loved ones.
Before you get to your holiday festivities, you should consider:
- Contributions
Make sure you are keeping an eye on your 401(k), IRA, or other retirement accounts. There is still time to make catch-up contributions if you are eligible! - Evaluate Your Investment Mix
Is your portfolio still aligned with your goals and risk tolerance? A quick review can go a long way. - Roth Conversions
Depending on your tax situation, converting some traditional IRA funds to a Roth IRA might be worth exploring. - Take Required Minimum Distributions (RMDs)
If you’re 73 or older, don’t forget to take your RMDs to avoid penalties.
These are just some common items that might need to be looked at or updated before a new year begins. Your personal wants and needs are completely unique, and that is why it is important to do some end-of-year housekeeping to make sure your plan is still tailored to your preferences.
Consulting experienced professionals is a great way to help build confidence that you are on the right track. Schedule a consultation to speak to our team about making sure you are setting yourself up for a great start to 2026.