Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983 - SEO PR, MARKETING
Press Release Writing and Distribution
  Saturday, December 10, 2016 Neotrope®
Public Relations
Press Release Services and Media Relations
Send2Press® - Press Release Writing, Newswire Distribution, Press Release Optimization, Internet Marketing, Podcasting, SEO, Media Monitoring, Media Coaching, News Syndication, Book Marketing, Entertainment News, Web PR, and Media Relations since 1983   media relations
press release writing
Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983
 
NEWS WIRES:
» Ad Industry News
» Aerospace News
» Arts News
» Automobile News
» Biotech News
» Book News
» Business News
» Computer Industry News
» Construction News
» DotCom News
» eCommerce News
» Education News
» eMarketing News
» Entertainment News
» Employment News
» Energy News
» Family/Parenting News
» Fashion Industry News
» Fitness Industry News
» Food & Cooking News
» Graphics News
» Insurance News
» Interior Design News
» Internet News
» Investor News
» Manufacturing News
» Medical News
» Music News
» NonProfit News
» Peace/Ecology News
» Podcasting News
» Political News
» Real Estate News
» Religion News
» Retail News
» Security Solutions News
» Small Cap & OTC News
» Software Industry News
» Sports News
» Telecom News
» Travel Industry News
» TV & Cable News
» VoIP News
» US Newswires
» Business Profiles
» More News Channels
» Today's Headlines

Distribute your News with Send2Press® Press Release Services

 

Personal Finance News
PRESS RELEASE ARCHIVES FROM SEND2PRESS® NEWSWIRE

NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.

'33 Essential Year-End Financial Tasks' Booklet Released by Marshall Rand Publishing

Article Editor: Christopher Simmons

ROYAL OAK, Mich. - Dec. 10, 2004 /Send2Press Newswire/ -- The end of the year is a traditional time of celebration, excitement, reflection and planning -- not withstanding the hectic holiday shopping of course. However, the end of the year also holds another, lesser-known but more significant, importance - the optimal time of the year to complete year-end financial tasks. A new booklet in the Financial Booklets Series from Marshall Rand Publishing (www.MarshallRand.com) reveals the most essential of these tasks.

"The end of the year is not only the optimal time to address all personal finances, but also is the deadline for completing some specific tasks," says Scott Frush, president of Frush Financial Group, and and author of "33 Essential Year-End Financial Tasks" (available at www.FinancialBooklets.com). "For example, the last trading day in December is the final opportunity to sell losing investments and offset resulting capital losses against existing capital gains for that tax year."

"Managing your personal finances always begins with you," says Frush. "By not completing certain essential tasks, you risk making costly mistakes and placing your financial independence, control and security at risk. The benefits of completing these financial tasks typically include protecting and growing your investments, cutting your tax bill, jump starting your retirement savings, improving your credit rating and reducing your insurance costs."

Here Frush shares seven of the essential year-end financial tasks revealed in his new booklet*.

    1. Minimize capital Gains: Capital gains taxes can significantly reduce total portfolio performance and increase your tax bill. As a result, harvest appropriate capital losses to offset against existing capital gains.

    2. Rebalance Your Portfolio: Due to fluctuating market prices over the year, your portfolio and respective holdings may have changed. To ensure that your portfolio remains optimal - or aligned to achieve your goals and objectives - you may need to sell some investments and buy other investments with the proceeds.

    3. Maximize Retirement Contributions: Consider increasing contributions to your retirement account -- 401(k), 403(b), IRA or other, if permitted. The compounding impact from increased contributions will become quite sizable over time. Take full advantage of employer matching.

    4. Establish an Emergency Fund: An emergency fund is used to protect against a loss of income as a result of layoff, disability or death. As a general rule, your emergency fund should amount to between three and six months of your average monthly expenses.

    5. Consider Bunching Itemized Tax Deductions: If you are close to benefiting from itemizing your deductions, consider "bunching" them in alternating tax years. One year you itemize deductions - and benefit from the excess itemized deductions over the standard deduction - and the next tax year you take the standard deduction.

    6. Draft or Modify Estate Planning Documents: Having an estate plan (will, living will, trust, power of attorney, etc) is essential for avoiding probate, minimizing estate taxes and ensuring assets go to whom you designate.

    7. Make Tax-Efficient Charitable Gifts: Making gifts of highly appreciated assets, namely stocks, can be very beneficial by reducing your tax bill. In most cases, taxpayers benefit by obtaining both a charitable tax deduction and avoiding capital gains tax on the highly appreciated asset.

"With the end of the year fast approaching, it is crucial that you address your personal finances and complete certain essential tasks," says Frush, "especially those with deadlines. Remember, managing your personal finances always begins with you."

To obtain your copy of 33 Essential Year-End Financial Tasks, order online at www.FinancialBooklets.com or mail $4.75 to Marshall Rand Publishing, P.O. Box 1849, Royal Oak, MI 48068-1849.

*Excerpted from the financial booklet "33 Essential Year-End Financial Tasks" by Scott P. Frush; Marshall Rand Publishing; 2004; $4.75.

Author Scott P. Frush, CFA, CFP, MBA is president of Frush Financial Group, a provider of investment solutions to individuals and families, and author of "Optimal Investing: How to Protect and Grow Your Wealth with Asset Allocation" (available through www.Amazon.com). Frush holds an MBA in finance from the University of Notre Dame and a BBA in finance from Eastern Michigan University.


    Organization Website: www.FinancialBooklets.com
    Source of News: Marshall Rand Publishing

    THIS IS ARCHIVAL CONTENT
    Note: for contact information at the organization mentioned in the above PRESS RELEASE, visit the "organization website" (if applicable), or view either version of the original news release using the links below. Send2Press cannot provide contact info.


Business News is powered by eNewsChannels™

Viewed by the media [MC Error: Error locking file]

References: CPA, tax, rebalancing, retirement, portfolio, 401(k), investing, Marshall Rand Publishing, Frush Financial, Scott Frush.

USE OF THE ABOVE NEWS ARTICLE
News is Copr. © 2004 Neotrope/Send2Press. Reproduction of this news article in any form requires written authorization. You may freely link to this article, or republish the "news release" text version linked to above under "Journalist Tools" without restriction except websites must retain /Send2Press Newswire/ as the source. Sites which offer/sell PR services or newswire services may not reprint our content without express written permission.

FOR INFORMATION ABOUT THE ORGANIZATION(S) MENTIONED IN THE ABOVE NEWS ARTICLE, PLEASE CONTACT THE COMPANY DIRECTLY AND NOT THIS WEBSITE.

DISCLAIMER: the above article is believed accurate but not guaranteed, and is based on business news supplied by the organization mentioned and/or quoted in the story. The organization providing the news to Send2Press is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements and public companies should be thoroughly researched before considering material investment. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news item are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope/Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.



Add Our News Headlines to Your Website Free
Free headline feed


Journalists & Editors
Choose your news by preferred topic(s).
Privacy protected.
MORE INFO

Archived Releases

Most Recent Releases


Subscribe to RSS Feed



NOTICE: THIS PAGE IS ARCHIVAL CONTENT AND SHOULD NOT BE RELIED UPON FOR ACCURACY.
Top of Page | Home Page | E-mail This Article to Someone

Press Release Services from Send2Press
Learn More About Small Business Marketing Services from Neotrope®
Affordable PR Services  |  Press Release Writing  |  Media Coaching  |  Media Tracking
business news
 Copr. © 1983-2014 Neotrope® — all rights reserved. Privacy/Legal Statements 
Press Release Writing
Business Press Release Services | Compare News Distribution Plans | Agency Program | How to Order
PR Services Add-on Options | Price List | SEO+PR™ Services | Press Release Writing | Publication Lists
Client Testimonials | About Us | Contact Us | Newswire Channels |
News About Send2Press | | RSS/XML Feed

Free News Articles