Yes, I know it’s a busy time of year to add anything to your do to list. As the year begins, it’s important to make time to complete this check list of items to make 2018 the best year possible.
Think about maxing out your 2018 contributions, especially if you have an employer match. You don’t want to miss out on the free matched funds. If you can’t max out, then add as much as you can. Now is the time to look at your investments, it may be time to re-balance and/or make changes to your accounts.
Understand what your health insurance covers and what it doesn’t. If you have a deductible to meet,if possible schedule your appointments so that you can afford the bills. Remember you may be able to use your FSA (Flexible Spending Accounts) or HSA (Health Savings Account) to plan for some or all of these expenses. Your plan has a list of eligible items you can use the money towards.
Charitable Giving / Donations
If you itemize your taxes, make sure to discuss your charitable giving with your tax preparer as the new tax rules are in effect.
Starting the new year off right will help you throughout the year.